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The investors initially won the right to sue as a group in 2015 before an appeals court reversed the ruling; the $13 billion lawsuit can now proceed as a class action.
August 15 -
The single-loan securitization is through Morgan Stanley on suburban properties mostly concentrated in the Washington, D.C., area.
August 14 -
The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues.
August 14 -
TPG Capital is including its newly acquired first-lien interest in a Microsoft-leased office campus in Redmond, Wash., in a portfolio of suburban office properties it is financing through a new two-year commercial loan.
August 13 -
Westlake increased the size of all eight classes of notes by at least 37% as investor demand surges for subprime ABS paper
August 13 -
Judges say a CashCall loan may have fit the state’s definition of an “unconscionable” interest rate.
August 13 -
It bothered Jeannie Tarkenton, founder of Funding University, that too many kids from lower-income families didn't graduate because they lacked just a few thousand dollars and couldn't get a loan.
August 13 -
The distressed-debt manager now manages 26 U.S. CLOs totaling $15.5 billion, the most of any domestic CLO market manager.
August 13 -
Wells Fargo & Co. is considering whether to jump-start its shrinking student-lending business by catering to borrowers holding U.S. government loans.
August 13 -
S&P has lowered default expectations for the $300 million of Series 2018-1 transaction, allowing the sponsor to achieve an AAA, up from A on the previous deal; Kroll is not rating the new deal.
August 13












