ABS

Two academics at Michigan Technology University argue that aggreggating standardized assets is key to solar securitization, which can meaningfully reduce funding costs for developers.

Two academics argue that aggreggating standardized assets is key to solar securitization, which can meaningfully reduce funding costs for developers.

Impending legislation renewing the federal backstop for terrorism insurance could pare down this safeguard, creating havoc in the market for commercial mortgage-backed securities; despite advances in modeling this risk, it may prove challenging for capital markets investors to pick up the slack.

Despite pressure from Capitol Hill, regulators are disinclined to allow banks to hold collateralized loan obligations backed by bonds.

The latest update to the Foreign Account Tax Compliance Act appears to grandfather most collateralized loan obligations issued before January 2013.

Securitizations of Spanish SME loans are facing trouble on two fronts: rising corporate insolvencies and new legislation on debt refinancing and restructuring.

The Structured Finance Industry Group wants more time to evaluate proposed revisions to rules governing reporting and disclosure requirements for asset-backed securities.

New Residential Investment Corp., a real estate investment trust, is preparing to issue $1.96 billion of securities backed by mortgage servicing advance receivables.

The subprime credit card market, long down for the count, may finally be poised for a comeback.

George Canellos, the SEC’s former co-director of enforcement, has joined Milbank, Tweed, Hadley & McCloy as global head of the litigation department.

Regulation AB governs registration, reporting and disclosure requirements for all things asset-backed. The Securities and Exchange Commission appears to be ready to update it significantly, but, nearly four years after changes were originally proposed, it’s not clear exactly what the Commission will do.

View the year-to-date manager rankings through March 21 for the different ABS sectors, including real estate, credit cards, student loans, autos, and collateralized debt obligations.

While lawmakers continue to press regulators to exempt collateralized loan obligations from Volcker Rule restrictions, managers of these deals have found another workaround – and this one allows them to invest in bonds.

Managers and arrangers of U.S. collateral loan obligations have struggled to satisfy the European Union’s risk retention requirement. However, the final draft rules published by the European Banking Authority include a new concession that may assist U.S. managers in accessing an investor base in the region.

Dan Feshbach, founder and CEO of MeasureOne, thinks that disclosure of loan-level data can do for the student loan market what it did for mortgages.

The powerful storm surge produced by Hurricane Sandy has added momentum to the federal government’s efforts to farm out a portion of the risk now borne by the National Flood Insurance Program, and there appears to be a strong appetite in the private market.

The powerful storm surge produced by Hurricane Sandy has added momentum to the federal government’s efforts to farm out a portion of the risk now borne by the National Flood Insurance Program (NFIP), and their appears to be a strong appetite in the private market.

The Securities and Exchange Commission has tweaked its proposal for Regulation AG II to address consumer privacy concerns and requested public comment on the change