Michael C. Bender

TRENDING

Esoteric ABS

Tax liens secure $184.8 million from Alterna Funding

The current portfolio is secured by tax liens from municipalities in eight states and Washington, D.C., that have a redemption value, or the approximate value of the outstanding liens, of about $119.6 million with an original lien rate of 12.2%.

By Donna M. Mitchell

2h ago
Esoteric ABS

Nothing Bundt Cakes in its third ABS, raising $240 million

The deal includes subordination in the form of class B notes, a rarity for whole business securitization deals.

By Donna M. Mitchell

6h ago
Tax

White House begins push for corporate tax hike in earnest

When the Trump tax cuts expire next year, the White House will ask for higher corporate taxes and a buyback tax as Congress enters one of its biggest economic fights of the decade, which will have major implications for bankers.

By Claire Williams

9h ago