Moody's Investors Servicehas named Roger Stein as head of a newly formed New Products Team within the Structured Finance Group, reporting to Noel Kirnon group managing director and head of CMBS and derivatives. Stein will assume the new position of Team Managing Director of Moody's Managed Funds Group, which has been transitioned into the Structured Finance Group. Most recently Stein served as a senior manager at Moody's KMV. Stein joined Moody's in 1989 as a member of the Structured Finance Group, rating collateralized bond obligations.
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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





