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
-
The trade and transport volatility caused by the diplomatic crisis in Qatar did not stop investors from purchasing Castlelake LP’s latest aircraft securitization, which analysts say could be impacted by the situation. -
A UK auto ABS transaction and a Dutch prime RMBS deal were both priced this week as the European ABS market gets rolling in the second half.
-
Online small business lender CAN Capital, is resuming its loan origination program following a recapitalization by asset manager Varadero Capital.
-
Boutique trade finance firm Falcon Group closed a debut dollar-denominated trade finance securitization on July 5, as part of the company’s funding diversification strategy.
-
The process to save the world's oldest bank, Monte dei Paschi di Siena, has dragged on long enough to feel like it may have been, appropriately perhaps, the world's longest winded bank rescue. For such an investment of time and manpower, the fact that the final resolution is a large bill for the Italian taxpayer is disappointing.
-
The ABS market in Europe is booming, with deals across asset classes pricing at the tightest levels since the crisis. Rampant demand and record tight spreads, however, do not reflect the wider macroeconomic picture in Europe, and investors and issuers say they are growing concerned that ABS pricing has become detached from reality, writes Sam Kerr.
-
Cadwalader Wickersham & Taft has hired a former associate general counsel at Goldman Sachs for its securitization practice in Washington, DC.
-
Senator Bill Nelson (D-Florida) has proposed legislation to cap undergraduate federal student loan interest rates at 4%, following a slew of federal student loan rate hikes that kicked in last week.
-
ABS deals not eligible for purchase by the European Central Bank will test the ability of the market to function without central bank participation, a potentially significant development given recent comments from ECB officials.
