A week after the Office of the Comptroller of the Currency created a new federal charter for fintech firms, California's financial regulator is calling on other states to work together in making their licensing system more palatable to companies.
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The Consumer Financial Protection Bureau is ramping up enforcement actions ahead of a possible political showdown between President Donald J. Trump and the agencys director, Richard Cordray.
January 23 -
The first commercial mortgage securitization of the year is being used to refinance five hotels owned by Ashford Hospitality Prime and managed by Marriott International.
January 23 -
SolarCity has returned with a new solar-panel financing securitization after nearly a years absence from the asset-backed market. The transaction is also its first since December 2015 featuring a collateral pool of direct loans for consumers to purchase solar-panel installations.
January 23
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The U.S. CLO market is experiencing another rash of refinancings, defying expectations for a slow start to the year.
January 23
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In order to address lenders' issues with mortgage servicing rights financing, the industry needs to reconsider its typical securitization structures.
January 22
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General Motors is tapping the securitization market to help it provide inventory finance for automotive dealerships.
January 22 -
A tale of two cities? Santander Consumer USA on Thursday put together the first deep-subprime securitization of 2017 that also comes with the highest expected losses of any outstanding loan portfolio on the market. Meanwhile, Ally Financial launched its first deal of 2017 with auto loans from one of the best-performing prime auto-lender portfolios, in terms of losses and delinquencies.
January 22 -
Issuance volume of asset-backed securities for the year through January 20, 2017.
January 20 -
President-elect Donald Trumps pick for Treasury secretary said he did not support a plan known as recap and release for returning Fannie Mae and Freddie Mac to the private sector, clarifying earlier remarks that had caused confusion about the incoming administrations housing finance agenda.
January 20
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Blackstone/GSO is refinancing a European CLO originally issued in 2014, the €400 million Phoenix Park CLO D.A.C., according to Fitch Ratings.
January 19 -
CFPB lawSuit Against student loan sevicer Navient Followed Apparent 'Ultimatum' to settle by January 20
January 19 -
Enterprise Rent a Car is tapping the securitization market for $750.2 million to finance fleets of cars and trucks that it rents to companies.
January 19
