Dominion Bond Rating Service has appointed Jerry Marriott as a senior vice president in its Toronto-based Canadian structured finance group. Marriott, who will be reporting to Assistant Group Managing Director Huston Loke, joins DBRS from BMO Nesbitt Burns' securitization and structured finance group, where he worked on a variety of ABCP and ABS deals and asset classes, including credit card receivables, rental car fleets, and floorplan financing. Before joining the securitization and structured finance group, Marriot spent a number of years in the corporate banking and Treasury functions at Bank of Montreal. Marriott received his MBA from the University of Western Ontario and his LLB from Dalhousie University.
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Bank of America has a playbook for government shutdowns, which includes providing fee and payment waivers as well as loan deferrals and forbearance programs, CEO Brian Moynihan said at the American Bankers Association's annual convention.
October 21 -
Enpal and M&G's move comes at a complex moment for securitizations backed by energy infrastructure and home efficiency equipment.
October 21 -
The lender, which reported over $200 million in home equity line of credit volume in the recent quarter, suggests the business can deliver massive scale.
October 21 -
Switch has a large national network of data center properties, with more than 700 patents and patents pending for designs and operations in the space.
October 20 -
Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.
October 20 -
Other studies have found fewer credit pulls could be viable, but this shows millions more would be adversely impacted than in a bi-merge.
October 20