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Verizon Wireless is making its first trip to the securitization market to help offset the expense of providing customers with financing for mobile phones.
June 28
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Since 2013, CLO Managers have been issuing notes with rates that are initially low, but step up after 18 to 24 months, betting that they can refinance them more cheaply; so far their success has been mixed.
July 21
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Rules requiring CLO managers to keep skin in the game of their deals has taken a toll on smaller firms. But the resulting thinning of the ranks has created room for some new players that are better capitalized, including insurance companies.
August 7
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The unusually strong loan performance in the credit card business lasted longer than many observers expected. But today the industry's prolonged post-crisis era finally appears to be over.
July 24
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Americans' longstanding relationship to automobiles owning them, driving them is set for a dramatic shift, and so is auto finance.
July 13
