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Any loan that is more than 120 days delinquent becomes a stop-advance loan, a designation that prevents interest leakage to bondholders.
February 20 -
Private equity firms are buying stakes in sports teams more frequently, at the same time that more stadiums are being built or renovated.
February 19 -
While SoFi uses a third-party servicer for both of those product types, it services its entire consumer loan portfolio.
February 19 -
As an investment, cat bonds have drawn attention in recent years after far exceeding returns on other high-risk fixed-income markets.
February 18 -
Borrowers to test court restrictions as record liability management exercises volume continues
February 17 -
The 4th aviation ABS this year indicates a busy year ahead for the sector.
February 14 -
The enterprise failed to improve on its net income but did report a steady profit, and got closer to meeting minimum risk-based regulatory capital requirements.
February 14 -
Uncertain economic impact from government actions could drive disruptions
February 13 -
Top banks launch $1.2 billion deal for iconic Seagram Building
February 13 -
The $500 million in similarly structured deals pool insurance-premium finance loans.
February 12