Bear Stearnshas named Senior Managing Director Steve Abrahams as head of global liquid product strategies. In this new position, Abrahamswill coordinate all of the firm's rate markets research, focusing specifically on expanding delivery to Europe and Asia. He will also continue his role guiding MBS and agency CMO research. Since joining the firm in 2001, Abrahams has headed the agency CMO strategy team and helped to launch Bear's weekly publication Across the Curve in Rates and Structured Products in 2003. Recently, Abrahams has played an interim role trading agency CMO derivatives.
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The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Total initial credit enhancement increased to 11.40% for the class D notes, from 11.25%. It also decreased for classes B, C and E, and levels on the class A notes stayed the same.
February 9 -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
February 6 -
The highly diversified pool mix consists of 29 different aviation asset types, with a third being new and emerging technology aircraft, and 45.7% are current technology aircraft.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
The deal will not make any principal payments during the revolving period unless it needs the cashflow to maintain the required overcollateralization amount.
February 5





