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Weak economic conditions have put capital strains on trust preferred securities (TruPS) issuers, causing a rise in payment deferrals and defaults within pools of these assets, TruPS CDOs.
November 21 -
Babson Capital Management announced a series of promotions today.
November 21 -
Oak Hill Advisors has hired Fritz Thomas as a managing director, where he will help head up the firms business development and client coverage activities.
November 19 -
The ABS market suffered yet another week of frozen new issuance and paltry trading activity in the secondary market.
November 14 -
Moody's Investors Service is modifying the rating methodology it applies to structured finance securities wrapped by financial guarantors.
November 10 -
As the U.S. government continues to unveil measures aimed at preventing foreclosures and shoring up liquidity in the capital markets, industry participants have widely expressed concern over the lack of activity in the loan modification space.
November 7 -
Equity Trust and The Bank of New York Mellon now have a global referral agreement where both companies refer potential business opportunities for structured finance services to each other.
November 6 -
It seems the only busy sector of the structured finance market lately is litigation.
October 31 -
CLO market participants at the Information Management Network's 14th annual ABS East conference in Hollywood, Florida last week expressed confidence in the sector's long-term performance, despite the currently depressed spreads.
October 24 -
Oak Hill Advisors hired Goran Puljic, T.K. Narayan and Scott W. Snell for the firms structured products group. The new hires will be focusing on investment opportunities in the credit markets.
October 22