The swelling trillion-dollar student loan market is missing key data and regulations necessary to head off another financial crisis, according to Rohit Chopra, the Consumer Financial Protection Bureaus top official in charge of dealing with student loans.
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By halting Ocwen Financial's deal to buy a mortgage servicing portfolio from Wells Fargo, New York regulator Benjamin Lawsky has called into question the servicer's ambitious growth plans.
February 11 -
The $957 million conduit offering, JPMBB 2014-C18, led by J.P. Morgan and Barclays is the only deal on the near-term calendar.
February 11 -
Deutsche Bank and Cantor priced their $1 billion CMBS conduit COMM2014 CCRE15 on Monday at wider levels than than the previous deal to come to market.
February 11 -
The European Banking Authority (EBA) is now a Permanent Observer of the Prime Collateralised Securities Association (PSCA), making it the first regulator with this status.
February 10 -
J.G. Wentworth plans to issue $231 million securitization backed by structured settlements and a small pool of lottery receivables.
February 10
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The deal from specialty lender International Investment Group is backed by loans to LatAm obligors. More issuance may be ahead.
February 10 -
Andrew Serling is the new head of Ranieri Partner Asset Management, which is part of the Ranieri Partners Company led by real estate industry veteran Lewis Ranieri.
February 10 -
Ford Motor Credit Co. plans to issue two securitization deals backed by dealer floorplan receivables from its Ford Credit Floorplan Master Owner Trust. The deal has yet to be sized.
February 10 -
Nissan Motor Co. is marketing its first auto loan securitization of the year, according to a regulatory filing and rating agency report.
February 10 -
Enterprise Fleet Management plans to issue $801.2 million of notes backed by payments on a pool of open-end and closed-end vehicle fleet lease contracts they originated and service.
February 10 -
View year-to-date issuance through Feb. 28 for ABS, MBS and CMBS.
February 9 -
View the year-to-date manager rankings through Feb. 28 for the different ABS sectors, including real estate, credit cards, student loans, autos, and collateralized debt obligations.
February 9