Consumer ABS

The upcoming ABCP regulations which panelists coined as the “Wheel of Torture” doesn’t reflect the fact that for the last seven years, ABCP has been a plain vanilla product,

As part of its asset backed securities purchasing program (ABSPP) launched in November, the ECB is buying portions of senior tranches and encouraging market investors to join in.

The industry may be hoping the Supreme Court kills the unpopular “disparate impact” theory via a pivotal Texas case argued Jan. 21, but some of the justices’ statements left analysts skeptical that the legal basis used in fair lending cases will end.

Volkswagen Bank said today that it sold two tranches from its Driver Thirteen, German auto loan securitization at the lower end of price talk.

Volkswagen Bank announced a €717 million ($138 million) auto loan securitization issued under the sponsor’s auto loan receivable program in Germany.

Final rules requiring sponsors of securitizations to retain “skin in the game” were published in the Federal Register today.

Marketplace lender Social Finance may seek a larger initial public offering than initially planned, according to Chief Executive Mike Cagney.

The Chicago Board Options Exchange has launched a product designed to allow fixed-income investors to hedge against interest-rate volatility.