Consumer ABS

The swelling trillion-dollar student loan market is missing key data and regulations necessary to head off another financial crisis, according to Rohit Chopra, the Consumer Financial Protection Bureau’s top official in charge of dealing with student loans.

The proposal would introduce dissemination of trade prices for securities ranging from highly liquid credit card and auto ABS to smaller and more esoteric deals in asset classes such as time shares, to commercial mortgage-backed securities (CMBS) and highly structured CDOs and collateralized loan obligations.

The proposal would introduce dissemination of trade prices for securities ranging from highly liquid credit card and auto ABS to smaller and more esoteric deals in asset classes such as time shares, to commercial mortgage-backed securities (CMBS) and highly structured CDOs and collateralized loan obligations.

Overall issuance growth will moderate in 2014, Fitch Ratings' managing director for asset backed securities says in the firm's outlook.

Overall issuance growth will moderate in 2014, Fitch Ratings' managing director for asset backed securities says in the firm's outlook.

How investors are still finding ways to play an asset class with a limited life span.

The Consumer Financial Protection Bureau finalized a rule Tuesday that allows it to supervise the largest nonbank student loan servicers in the country.

The U.S. ABCP market remains on its path of decline, with total outstandings falling 18% so far this year, according to Fitch Ratings.

Here's a puzzle of modern finance: during a period when borrowing costs are at rock-bottom levels and tens of millions of borrowers have refinanced their mortgages, it remains impossible for many gainfully employed Americans to refinance their student loan debt.