Latest news
Latest news
Third deconsolidation RMBS from a UK challenger bank since November
Parliament’s draft amendments are kinder to the market than Commission's
More articles
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Jefferies is underwriting a rated marketplace loan ABS for Arcadia Funds that will see prime consumer loans from Lending Club bundled into a securitization for the first time, sources told GlobalCapital on Tuesday. -
Barclays has agreed to sell a pool of performing and non-performing corporate loans and small and medium sized enterprise loans with a book value of €177m to private equity firm AnaCap Financial Partners.
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The UK government’s decision to sell off part of its student loan portfolio is unlikely to deliver value for taxpayers. If it’s short of cash, it has a highly functional capital market ready to provide it — at better rates than the student loan deal could ever match.
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Student loan servicer Navient is in the market with a $1bn student loan ABS offering, forging ahead with its securitization plans while it contends with allegations around its debt collection practices from the Consumer Financial Protection Bureau (CFPB).
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The UK government has formally unveiled plans to sell off £12bn of student loans in a series of securitization deals, launching a brand new asset class of ABS backed by income contingent student loans.
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Republicans keen to start dismantling US financial regulatory infrastructure have the director of the Consumer Financial Protection Bureau, Richard Cordray, in their sights. But removing him may not be straightforward.
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The aircraft ABS market is seeing an increasing whirl of activity, with lease securitizations from Elix Aviation Capital and Middle Eastern lessor Dubai Aerospace Enterprise (DAE) coming to market in January.
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SoFi has launched a $561m student loan refinancing transaction, the first marketplace loan ABS offering to be compliant with both European and US risk retention rules.
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California-based solar finance company Mosaic sold a $138.95m ABS deal late last week, with sources saying it was heavily oversubscribed.
