Stephen Reilly, head U.S. loan trader at Nomura Securities International, has left the bank, according to a report by Bloomberg.
Rielly was hired last year to help set up a loan sales and trading platform in New York for the Japanese firm.A spokesman for Nomura International declined to comment.
Lemin's team of generalists seek risk-adjusted returns across the securitization spectrum. But not every asset class makes the cut.
Oxford Finance's collateral has a maximum advance rate of 72.0% on the A1 and A2 notes and 82.0% on the class B notes.
Top SBA lenders are warning about the impact of a prolonged shutdown. NewtekOne skipped providing fourth-quarter guidance after its CEO said the situation was too cloudy to forecast.
FFIN 2025-3's average loan balance, $16,366 was lower compared with the 2025-2 deal, when it was $19,993, and the WA interest rate on the current deal is 12.15%, down from 12.56%.
The 30-year rate dropped just 0.2 percentage points, as Federal Reserve Chair Jerome Powell's recent comments caused Treasury yields to rise.
Each manufacturer commits to repurchasing unsold new vehicles in inventory when the dealer terminates the agreement—if they are undamaged and unused.
