The European Commission and European Investment Bank plans to stimulate SME lending via securitization could be ready by January 2014, according to an Economic and Financial Affairs Council.
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Banking regulators have until Monday to respond to a lawsuit filed by the American Bankers Association over the Volcker Rule.
December 27 -
The sale will result in an after-tax charge of approximately $900,00, or 12 cents a share, to the companys fourth quarter net income.
December 26 -
Nothwithstanding the concern about some looser underwriting of commercial mortgage-backed securities, the CEO of Cantor Commercial Real Estate is very bullish about the potential for 2014 issuance.
December 26 -
The issuer's first transaction securitizes the cash flows generated by over 100 individual wind, solar and energy efficiency installations, all with investment grade obligors.
December 26 -
Banks and money managers are seeking further guidance on the impact of the Volcker Rule on collateralized loan obligations
December 24
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Standard & Poors said Tuesday that it expects the performance of the collateral that backed commercial securitizations to remain stable in 2014.
December 24 -
The catastrophe bond market experienced near record issuance in 2013, leading to an all-time high level of outstanding of just over $20 billion, according to Fitch Ratings.
December 24 -
The A+ rated class of interest only five-year notes has a coupon of 3.9% and the A+ rated 10-year, amortizing notes a coupon of 5.3%.
December 23 -
Ocwen Financial's agreement to write down $2 billion in principal of the mortgage it services should not impact Fitch Ratings assessment of any of the bonds backed by these mortgages
December 23 -
Investors participating in a roundtable organized by Standard & Poor's remain keen on buying CLOs - especially in the primary market - but they are also wary of emerging risks linked to more leverage and covenant-lite loans in the pools.
December 23 -
Banks could end up holding more home loans on their balance sheets next year instead of selling them to Fannie Mae and Freddie Mac, the result of fee increases that are designed to increase the role of private capital in the mortgage market.
December 23 -
American International Group has issued $400 million of catastrophe bonds through its Tradewynd Re program.
December 23