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
More articles
-
UK-based loan servicer Mount Street has bought EAA Portfolio Advisers, along with its contract to manage a €29bn loan and ABS portfolio of former WestLB assets, more than doubling the servicer’s assets under management. -
The Consumer Financial Protection Bureau (CFPB) announced on Wednesday that it is suing student loan servicer Navient for “systematically and illegally” failing borrowers by creating obstacles to loan repayment.
-
California-based solar finance company Mosaic is preparing to hit the ABS primary market with an offering backed by loans on residential rooftop solar systems, the first such transaction since early 2016.
-
FIG primary market activity slowed ahead of reporting season this week, though Phoenix Group Holdings printed the first ever tier three bond in sterling and BPCE was preparing to open the Samurai market for senior non-preferred.
-
David Zhang, who headed securitized products modeling at Credit Suisse, has left the bank to join fixed income research and analytics firm MSCI.
-
SoFi became the first online lender to offer a new securitization in 2017, bringing to market an unsecured consumer loan transaction to open up the marketplace loan ABS pipeline.
-
The outlook for marketplace lending securitization issuance in 2017 is hazy, as lenders navigate new regulatory terrain and prepare their businesses for operating under a Donald Trump presidency.
-
The latest round of Republican calls in the US for president-elect Donald Trump to fire the Consumer Protection Financial Bureau (CFPB) head Richard Cordray and roll back the agency’s influence is a real threat to American consumers.
-
Hyundai Capital America and Consumer Portfolio Services (CPS) each priced private, 144A offerings on Tuesday, while a public deal from Ford is slated to enter the market in the coming week in what has been an otherwise slow start to 2017 primary issuance.
