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The Board of Governors of the Federal Reserve System issued a report yesterday on the potential effect of credit risk retention requirements on securitization.
October 20 -
Moody’s Investors Service said the proposed rehabilitation plan to deal with Ambac Assurance Corp.’s segregated account of high-risk insured assets is a credit positive and, if confirmed by the courts, will put the Wisconsin-domiciled bond insurer “one step closer to an orderly run-off.”
October 19 -
The International Organization of Securities Commissions (IOSCO) published recommendations for market interventions and securitization in emerging markets after meeting at Istanbul last week.
October 18 -
Delinquencies for CDOs backed by commercial real estate (CRE) loans continued to climb in September, Fitch Ratings said Friday.
October 15 -
Primus Guaranty and Commercial Industrial Financial Corp. (CIFC) expect to complete the proposed purchase by CIFC of Primus’ CypressTree Investment Management unit and the CLOs and structured credit funds it manages by the end of the month.
October 14 -
Bingham expanded its Hong Kong office by adding three partners namely, Laurence Isaacson, Vincent Sum and Mark Fucci.
October 14 -
The merger of the Office of the Comptroller of the Currency (OCC) and Office of Thrift Supervision (OTS) is shaping up to be the match made in regulatory hell.
October 12 -
Ambac Financial Group said that the Wisconsin Office of the Commissioner of Insurance (OCI) has filed its Plan of Rehabilitation for the Segregated Account of Ambac Assurance Corp. in Dane County Circuit Court in Wisconsin.
October 8 -
Apollo is in the market with a $400 million CLO that was arranged by JPMorgan.
October 8 -
Remember all those prognostications from industry experts how the Dodd-Frank bill would destroy the nonbank segment of the mortgage industry, resulting in a total takeover of residential finance by depositories?
October 7