Marble Point Credit Management of Greenwich, Conn. has acquired the CLO platform of American Capital Credit Management.
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Scott Alvarez, the Federal Reserve's longtime general counsel, will retire later this year after nearly three dozen years at the central bank, the agency announced Wednesday
February 8 -
Volvo is preparing its seventh annual securitization of leases on trucks and other commercial equipment, according to Fitch Ratings.
February 8 -
Like other increasingly risk-averse subprime auto lenders. AmeriCredit has boosted the credit quality of the collateral for its first securitizaton of the year.
February 8 -
SoFi, the online lender that caters to well-heeled millennials, has reached an agreement with Promontory Interfinancial Network to sell student loans to community and regional banks.
February 8
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The Consumer Financial Protection Bureau and the New York attorney general filed a lawsuit Tuesday against a New Jersey law firm and its owner for allegedly luring 9/11 first responders and football players with brain injuries into taking out loans with high interest rates as advances on settlements.
February 7
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Two Harbors Investment Corp. added to its holdings of mortgage servicing rights in the fourth quarter of 2016 and has no plans to stop.
February 7 -
CVC Credit Partners is marketing what is only the second new European collateralized loan obligation of the year.
February 7 -
Student loan servicer Navient is marketing $1billion of bonds backed by federally guaranteed student loans, according to rating agency presale reports.
February 7 -
Commercial Mortgage Bonds Enjoy Different Kind of Regulatory Relief
February 6
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Stonebriar Commercial Finance is sponsoring a four-note, asset-backed transaction that is supported by receivables from contracts it services with an aggregate outstanding balance of nearly $340 million.
February 6 -
SuttonPark Marketing is offering its fourth structured-settlement payments securitization backed by court-ordered personal injury and lottery settlements. The company has acquired $1.23 billion of structured settlement payment accounts since 2009.
February 6 -
Scotiabanks Securitized Term Auto Receivables Trust 2017-1 (SSTRT) will issue $500 million in U.S.-denominated senior notes across four tranches. The US$400 million BMW Canada Auto Trust 2017-1 (BMWCA) is the third term securitization of retail auto lease contracts originated by BMW Canadas dealer network. Its previous deals were in 2015 and 2016.
February 6
