Discover Bank priced $850 million of three-year credit card-backed securities at 20 basis points over three-month Libor, according to a regulatory filing

March 5
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  • Either as a spur or a hindrance to structured finance, regulations remain the dominant theme of our industry (and, by extension this magazine) in 2014.

    May 5
  • Disclosing loan-level data is crucial to rebuilding investor confidence in mortgage-backed securities. It also introduces the risk of compromising borrowers' personal information.

    May 5
  • Since the first securitization of single-family rental properties materialized last November, the sector has drawn criticism from housing analysts and politicians.

    May 5
  • ABS

    Despite regulatory hurdles, participants see nothing in the way of issuance reaching $60 billion to $70 billion this year.

    May 5
  • ABS

    Finke says the industry needs to address the lack of understanding about its performance and role in the economy.

    May 5
  • After the financial crisis, Turkish banks found that they could continue to securitize diversified payment rights without the by-then worthless insurance wraps. Some banks have found that they can also do deals without arrangers from abroad.

    May 5
  • Residential mortgage bonds backed by qualified mortgages, as well as non-qualified mortgages, are no doubt on the drawing board if not in the works, as issuers run out of earlier loans to securitize; however experts diverge on the composition of the first deals.

    May 5