Finance

Standard & Poor's expects a modest increase in the issuance of European securitizations sold to investors this year from 2013.

Household indebtedness as a share of disposable income — the debt-to-income ratio — has continued to fall in Europe since 2009-2010, according to a report Wednesday by Moody’s Investors Service.

Eric Smith takes on the role of business development leader. He will develop new business opportunities, and work with clients in liquidity, valuation, capital, financing, servicing and investment.

First-time collateralized loan obligation managers entered the game in droves in 2013, and participants don’t expect the trend to slow down in 2014, even if risk-retention regulation on the horizon will make it more difficult for smaller firms to keep playing.

Final rules implementing the Volcker Rule remove many obstacles to securitization compared with the initial version.

The trade group penned an emphatic comment letter against Finra's proposal to disseminate pricing data for asset-backeds. The main argument? Loss of liquidity.

How peer-to-peer lending could ripple through securitization of consumer and corporate debt.

U.K. bank Lloyds priced its first covered bond since 2012 at the tight end of guidance.

The Financial Industry Regulatory Authority’s (Finra) proposal to disseminate pricing data for asset-backed securities faces push back from a major industry trade group, SIFMA.

He's now heading the firm's efforts in developing clients. McPherson had previously left NewOak several months after participating in its late-2008 launch.

Final rules implementing the Volcker Rule remove many obstacles to securitization compared with the initial version.

U.S. ABS securitization issuance was $180 billion in 2013, down 3% from 2012, according to Thomson Reuters data.

Underwriting may be getting sloppy, but the market for commerical mortgage bonds appears headed for anothe year of issuance growth and declining delinquencies.

First-time collateralized loan obligation managers entered the game in droves in 2013, and participants expect the trend to continue in 2014, even if risk-retention regulation will make it more difficult for smaller firms to keep playing.

The country could begin issuing under its new covered bonds legislation as soon as the law comes into force in March 2014, according to Fitch Ratings.

Banks could end up holding more home loans on their balance sheets next year instead of selling them to Fannie Mae and Freddie Mac, the result of fee increases that are designed to increase the role of private capital in the mortgage market.

The European Banking Authority will allow RMBS to be counted in the Liquidity Coverage Ratio as "high quality liquid assets".

Barclays expects securitization of small business loans, leases on telecommunication towers, shipping containers, and other kinds of esoteric assets to increase next year, helped by a gradual improvement in the economy and investors continued appetite for higher-yielding assets.

Although Ocwen Financial agreed to pay more than $2 billion to settle allegations it mishandled foreclosures and mortgages for thousands of borrowers, it could have been even worse for the country's largest nonbank servicer.