ASR News Update

Published July 2, 2012 9:11 AM

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Updated July 2, 2012 9:11 AM

4:05

ASR_1_2_12

TRENDING

Consumer lending

Late student-loan payments are rising. Is a domino effect coming?

The 90-day-plus delinquency rate on student loans hit 10.3% in the first quarter, and New York Fed researchers warn that a second wave of defaults could be coming. Evidence is mixed regarding the likely impact on other consumer-lending segments.

By Kevin Wack

2h ago
Esoteric ABS

Mexican fast-casual franchisor Qdoba raises $442.2 million in ABS

If principal and interest DSCR falls below 1.75x, then 50% of all excess cash flows will be deposited into the deal's cash trap reserve account.

By Donna M. Mitchell

2h ago
Originations

Mortgage credit availability drops for first time this year

The Mortgage Bankers Association's Mortgage Credit Availability Index declined 0.4% to 107.9 in April after reaching a three-year high in March.

By Colin McNamara

3h ago

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