CDOs

Fifth Street Asset Management (FSAM) is adding David Heilbrunn as a managing director and member of its management committee, the Greenwich, Conn.-based company said Thursday.

Former Congressman Barney Frank, co-author of the Dodd-Frank Wall Street Reform Act, is not opposed to changes in the eponymous legislation, but in some cases he thinks the rules should be tightened, rather than loosened.

As part of its asset backed securities purchasing program (ABSPP) launched in November, the ECB is buying portions of senior tranches and encouraging market investors to join in.

Final rules requiring sponsors of securitizations to retain “skin in the game” were published in the Federal Register today.

Regulatory clarity is an integral factor in Fitch Ratings stable outlook for the securitization market in 2015.

Risky mortgage lending may have triggered the financial crisis, but final risk retention rules go much easier on mortgages than securitizations of other kinds of assets.

U.S. regulators finalized a securities risk retention rule on Tuesday designed to set the stage for the future of the secondary mortgage market.

Regulators are finally ready to unveil a final risk retention rule, but whether the new regulation provides enough certainty to jumpstart the mortgage securitization market is an open question.

Regulators will unveil a long-awaited final rule next week that requires lenders to retain some of the risk for loans they securitize, a critical part of the Dodd-Frank Act that the agencies have struggled to implement.

Which opinion is more reliable: A well-informed one tainted by financial arrangements or one free of such conflicts but based on limited data — and possibly colored by spite?

Some participants at the ABS East conference sponsored by Information Management Network are not convinced transparency will boost liquidity.

Bonds backed by auto loans are widely viewed as the most liquid sector of the asset backed market, according to a survey at the ABS East Conference, sponsored by Information Management Network

Participants at the ABS East conference don’t expect asset-backed securities or other kinds of structured finance to change hands online anytime soon.

BANIF Banco Internacional do Funchal S.A plans to place €875 million ($1.12B) of securities backed by a pool of current accounts and term loans that BANIF granted to Portuguese self-employed and small and midsize enterprises (SMEs).

Issuance of European syndicated corporate leveraged loans stands at record $53.7 billion for the year to date, according to Dealogic.