Former S&P chief credit officer Mark Adelson has joined BondFactor as the firm's chief strategy officer. Today is Adelson's first day.
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It’s been a long time coming, but Europe is about to see its first collateralized loan obligation since the financial crisis, a €300 million deal from Cairn Capital.
February 19 -
Redwood Trust is fully validating expectations that it would keep the private label market of residential mortgage-backed securities (RMBS) alive this year.
February 19 -
The percentage of interest-only loans in commercial mortgage-backed securities is rising, increasing the risk of losses in these deals, according to Kroll and S&P.
February 19 -
The European Central Bank recently tightened the eligibility criteria for using covered bonds as collateral for funding. This could hurt covered bond programs
February 19 -
Ford Motor Co. plans to issue a $1.34 billion auto loan securitization that has been rated by Fitch Ratings.
February 19
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Volkswagen Credit Inc plans to issue a $1 billion auto loan securitization, its first in 2013.
February 19 -
Columbia Management and the Carlyle Group both priced collateralized loan obligations this week in line with initial guidance; the senior tranches of both deals had spreads of Libor plus 130 basis points.
February 15 -
Private student lending is enjoying something of a recovery, and it appears to have a lot to do with the improving market for college graduates.
February 15 -
RBS Securities is arranging a $375 million collateralized loan obligation for OFS Capital Management, according to a presale report published by Standard & Poor’s.
February 15 -
Another $950 million is set to come to market from two dealer floorplan ABS deals planned by Nissan Motor Co. and World Omni Financial Corp.
February 14 -
The sale of the residual interest in its SLM Student Loan Trust 2007-4 ABS should not impact performance of the loans.
February 14 -
CNH Capital America LLC priced its upsized, $1.25 billion, equipment lease ABS deal, CNH Equipment Trust 2013-A to good investor appetite.
February 14