Latest News

FINRA Censures Two CLO Pros

February 22, 2012 – INRA has recommended disciplinary action be taken against two CLO professionals affiliated with Guggenheim Capital Markets.

New German Auto Deals Announced

February 22, 2012 – Volkswagen Leasing is in the market with a new €718.5 million ($950 million) securitization of German auto lease receivables.

Financial Services Assistance for Commercial Distressed Assets

February 22, 2012 – UGL Services has launched a new group to provide financial analytics support and advisory services for CRE distressed assets, leasing deals and capital markets-related transactions.

• FHFA: Private Buyers Will Fill Fed's MBS Buying Role
• Knight Capital Hires Former MF Global Staff
• John Deere In the Market with Deal

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Featured Articles

HUD: HAMP Mods Will Not Count in Robo Deal

February 22, 2012 – The Obama Administration is pushing back against a recent news report that concluded U.S. taxpayers will subsidize the roughly $25 billion mortgage settlement.

Application Activity Declines as Mortgage Rates Hold Steady

February 22, 2012 – Mortgage application activity declined 4.5% in the week ending Feb. 17 with refinance and purchase activity lower.

FTN: FHFA Plan Brings Little New to GSE Resolution

February 22, 2012 – The only new aspect of the regulator's proposal is the potential consolidation of the two GSEs'securitization operations.

Discover's David Nelms Succeeds as Credit Card Runner-Up

February 22, 2012 – David Nelms may never escape his underdog status. But he's gotten adept at using it to his advantage.

FHFA Hopes to Ramp Up Short Sales Through Streamline Initiative

February 22, 2012 – The FHFA is turning its attention to short sales as part of its “servicing alignment” project.

MBA Welcomes FHFA GSE Proposals

February 21, 2012 – The MBA expressed its support for the FHFA proposals on the next steps in GSE conservatorship.

Wells Fargo Could Benefit from Break-Up of Ally Financial

February 21, 2012 – If Ally Financial were to break itself up, Wells Fargo would be a "likely buyer" of its North American auto finance business, KBW analysts said.

Will Ocwen's Play in Cheap Overseas Labor Pay Off?

February 21, 2012 – Now isn't exactly the best time for a company to be crowing about how cheap its labor costs are thanks to overseas outsourcing.

Barclays: Rental Fleet ABS Offers Diversity

February 21, 2012 – The 2009 to 2010 rental fleet ABS now trade at premium dollar prices, although still offer triple-digit spreads.

Obama Refi Plan Could Net One Million FHA Borrowers

February 21, 2012 – The FHA is changing its Credit Watch monitoring system, making sure that lenders are not penalized for refinancing risky borrowers trapped in high interest rate loans.

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ASR News Update