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Securitization People and Markets

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  • Intex has launched its first database of student loan asset-backed securities.
  • Deerfield Capital Management is set to market a new cash high-grade collateralized debt obligation backed by asset-backed securities.
  • Moody’s Investors Service is looking to hire 20 analysts to increase its derivatives coverage in Europe following the massive growth in the collateralized debt and loan obligation markets.
  • Bank of New York is planning to hire 50-60 people as part of a global expansion into master servicing and whole loan triparty financings.
  • Denver-based Chotin Asset Management is in the market with a new collateralized debt obligation, a $1 billion hybrid mezzanine deal.
  • Washington Mutual plans to buy more individual mortgage loans for its securitization programs, in addition to the bulk buying it currently purchases.
  • Opening up to nearly 7,000 attendees – a 40% increase over last year’s conference -- the American Securitization Forum has set up several new panels to address a growing and changing marketplace, said George Miller, the ASF’s executive director.
  • It’s officially on in Vegas. American Securitization Forum 2007 kicked off today with a handful of sessions and a lot of booth touring.
  • FriedbergMilstein has engaged GSO Capital Partners as a sub-advisor to three of its collateralized debt obligation funds.