CDOs

Mayer Brown has hired Barbara Goodstein as a partner in the banking and finance practice in New York. She was formerly a partner with Dewey & LeBoeuf.

A suit that started with over a dozen plaintiffs against MBIA is down to two after Natixis Financial Products withdrew from the suit Monday.

Moody's Investors Service has updated its structured finance CDO methodology. These deals' ratings consider the credit assessments of non-Moody's rated assets that are inferred from the ratings given by other rating agencies.

After the Maiden Lane III MAX CDO sale, last week roughly $1.5 billion face value of super-senior CDO bonds or the entire remaining balance of WAVE 2007-1 and 2007-2 A1s were put out for bid, according to JPMorgan Securities analysts reported.

NXT Capital priced the senior, 'AAA'-rated tranche of a $308 million CLO at Libor plus 190 basis points, the middle market lender said Thursday.

Silvermine Capital has appointed BNY Mellon Corporate Trust as trustee, collateral administrator, paying agent and calculation agent for its $450 million CLO.

The New York Federal Reserve today has started a competitive bid process in response to several strong reverse inquiries for holdings in the two Triaxx CDOs in its Maiden Lane III portfolio (ML III).

Citigroup is arranging a $350 million CLO for the U.S. investment arm of Dutch insurer Aegon.

Regulators still haven’t done enough to exempt some of the biggest buyers of corporate loans from onerous reporting requirements that go into effect next year.

While still a shadow of its former self, the bond insurance industry is showing signs of revival amid a pickup in issuance of deals backed by riskier assets.

It's harder to get financing to warehouse loans for a CLO these days.

Fitch Ratings caused a stir last month when Credit Suisse dropped the firm's rating of an RMBS because it took a more critical view of the deal than two of its rivals.

Two and a half years ago, regulators opened the door for rating agencies to offer ratings or commentary on credits even when they haven't been hired to do so. Since then, all NRSROs can access detailed transaction data that issuers are required to post on designated issuer Web sites. The intended effect: a side market in unsolicited ratings and commentary. The actual effect: not a single unsolicited rating and roughly 15 commentaries.

Regulations are making trade finance CDOs more attractive, but recent press buzz surrounding the market's potential appears to be overhyped and maybe a little amnesic.

National Credit Union Administration (NCUA)is preparing to ease the reins on the use of financial derivatives and allow more credit unions to deal in a variety of instruments that would help them hedge interest rate risk, including interest rate swaps, caps, floors, options and collars.

Moody’s Investors Service Thursday issued a negative report on the bond insurance industry.

Morgan Stanley priced a $622 million CLO for Oak Hill Advisors, according to a person familiar with the transaction.

The Securities and Exchange Commission (SEC) has charged credit rating agency Egan-Jones Ratings Co. (EJR) and its owner and president Sean Egan for material misrepresentations and omissions in their July 2008 application to register as a Nationally Recognized Statistical Rating Organization (NRSRO) for ABS and government securities issuers.

Fitch Ratings today released a report looking at the global exposure to refinancing risk in the structured finance and covered bonds markets.