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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Barclays has hired two vice presidents in London as part of an effort to refresh its European ABS sales and trading group. -
BMW’s latest auto lease deal featured a unique currency swap mechanism to allow the issuer to issue a euro denominated ABS deal backed by leases in Swiss francs.
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Online lender SoFi is on track to sell its eighth ABS of the year this month.
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BMW sold the latest European auto ABS transaction on Wednesday, with demand driving pricing tighter than initial talk.
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RNHB Hypotheekbank has mandated HSBC and ABN Amro to arrange its first RMBS offering of the year.
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Online consumer lender Prosper is preparing to issue its second multi-seller securitization from its PMIT shelf this summer, following its return to the ABS market earlier this year.
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The loss of London as a cohesive financial centre would probably lead to a splintered European financial market, which would be a blow to the continent’s attractiveness for global financial firms.
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A rare acquisition finance securitization was marketed to select European investors this month, a departure for a type of transaction usually financed by banks or dedicated funds.
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The Consumer Financial Protection Bureau (CFPB) handed down a rule on Monday eliminating arbitration clauses that bar consumers from bringing class action lawsuits, a move that could spell trouble for some ABS asset classes.
