Latest news
Latest news
ABS market not the cheapest cost of financing for issuer of first ever trade in the asset class
Revival of high LTV mortgage lending is creating an opportunity for more SRT and deconsolidation transactions
Trade follows the end of a joint venture to originate loans
More articles
More articles
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A Dutch consumer ABS deal is being marketed to investors this week, expanding the range of Dutch collateral on offer this year following the sale of several mortgage and auto deals. -
Consumer Portfolio Services (CPS) achieved a new tight for the pricing of its third subprime auto ABS deal of the year, reflecting continued strong demand for the bonds despite headline risks in the sector.
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The ECB should take a bold step this week to signal the end of the ABSPP, something which many in the market would welcome.
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Navient is back in the student loan ABS market this week, pricing its fourth Federal Family Education Loan Program (FFELP) deal on Tuesday.
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Trinity Industries is bringing a rare rail car lease offering from its TRIP shelf after a three year break from the ABS market.
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UniCredit said on Monday that it had signed transfer agreements for the sale of its flagship non-performing loan (NPL) securitisation, supporting valuations on its subordinated debt instruments.
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A European green bond standard and a classification system for sustainable assets were two of the suggestions issued on Thursday by a group of experts advising the European Union on how to make the financial system sustainable — one of the commitments in the Paris Agreement, writes Jon Hay.
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Prolonged low interest rates and more mature whole business and container industries have drawn investors to play in the growing world of ‘non-traditional’ ABS, with demand for esoteric asset classes expected to stay strong in the second half of the year.
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The Consumer Financial Protection Bureau (CFPB) has passed a rule on Monday to eliminate arbitration clauses, which stop consumers bringing class action lawsuits, in a move which could hurt the US securitization market and cause more legal trouble for the big banks. But Republicans have dug in and vowed to fight the rule.
