Sept. 13-14 in New York, N.Y.: Institute for International Research presents The Next Phase for CBO & CLO Issuance. For more information call1-888-670-8200.
Sept. 22-24 in Las Croabas, Puerto Rico: Strategic Research Institute presents 1999 Puerto Rico ABS Symposium. For more information call 1-800-599-4950.
Sept. 27-29 in Denver: AIC, Worldwide presents Sub Prime '99 Conference and Expo. For more information call 1-212-279-6999 ext. 319.
Broken down by product type, the agency's NJCLASS Standard Fixed product should account for a large majority of the loans, 75.4%. NJCLASS Consolidation will account for the next-largest group, 14.1%.
The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.
