ABS

Speakers on a panel at Information Management Network's ABS East excpressed confidence that ABS pros will come around to the potential of environmental and social investing.

The fiscal cliff facing our government at the end of the year was probably the most chilling macro-economic risk that ABS East panelists discussed.

It’s taken several years and rock-bottom interest rates, but more and more investors are eyeing the riskiest tranches of CLOs, known as the equity.

Investors in RMBS that buy mortgages previously serviced by a firm that has

Issuers of covered bonds are making new inroads into the U.S. market

U.S. financial institutions will not be required to start complying with Basel III capital and liquidity requirements by Jan. 1, according to a joint statement issued by regulators on Friday.

Fitch Ratings said in a report today that Korea's proposed covered bonds act should boost issuance.

Moody’s Investors Service said Monday that the damages from Hurricane Sandy will only impact bondholders of Combine Re Ltd Series 2012, a catastrophe bond that was underwritten by Swiss Reinsurance Co. in March 2012.

Iconix Brand Group plans to launch a new $1.1 billion securitized financing program, the company said today.

Downgraded European sovereigns saw ratings on their covered bonds lowered at levels ten times higher than those from more stable European sovereigns, according to a Moody's Investors Service special comment published today.

Travelers Capital Corporation has arranged long term non-recourse financing for the acquisition of the Raging River hydroelectric power facility on North Vancouver Island, for Aquila Infrastructure Management.

The REO-to-Rent sector has attracted capital and interest from several meaningful REITS, according to a Keefe, Bruyette & Woods report.

The securitization pipeline is filling up after Information Management Network's ABS East conference concluded yesterday with deals from Wyndham and BMO.

SEC chairwoman Mary Schapiro criticized the prevailing pay model for ratings agencies on Tuesday.

Newtek Business Services, a nonbank financial firm that lends to small businesses, has assumed the servicing of a portfolio of loans originated by Aurora Bank FSB, which are in a securitization trust established in 2006.

Finacity Corporation structured a $150 million securitization for the Manitowoc Company.

Citi is underwriting a $67.4 mln structured finance deal for the state of Delaware that is backed by energy efficiency revenue bonds, according to an official statement published on the deal.

Speakers at one panel of Information Management Network’s ABS East conference think the industry will come around to this field’s potential of socially responsible investing.

ABS East 2012, organized by Information Management Network (IMN), is on track to be a little bigger and more upbeat than last year’s conference.