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Execs at both closed-end funds say expectations for an eventual rise in defaults are driving their strategy to extend reinvestment periods on CLOs in their portfolios.

The division, created after Sunflower hired lenders away from other banks, will focus on asset-based lending to middle-market companies and investors.

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.

The single-loan securitization is through Morgan Stanley on suburban properties mostly concentrated in the Washington, D.C., area.

The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues.

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.

Westlake increased the size of all eight classes of notes by at least 37% as investor demand surges for subprime ABS paper

Judges say a CashCall loan may have fit the state’s definition of an “unconscionable” interest rate.

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.

The distressed-debt manager now manages 26 U.S. CLOs totaling $15.5 billion, the most of any domestic CLO market manager.