December 6, 2013 – Over time the asset class is likely to become the second-biggest contributor to the growth of securitization markets in the US, according to Deutsche Bank.
December 6, 2013 – A couple of new tobacco regulations one on e-cigarettes and another on menthol cigarettes -- could impact consumption levels, the main driver of revenue for tobacco securitization bonds.
December 6, 2013 – Vichara Technologies is collaborating with Markit to allow mutual clients to access Markits pricing service within Vicharas platform.
December 5, 2013 – SolarCitys securitization has opened up the market for significant activity over the next 3 to 4 months.
December 5, 2013 – Nissan Motor Acceptance Corporation priced a securitization of retail auto loans deal that began marketing earlier this week.
December 4, 2013 – How investors are still fining ways to play an asset class with a limited life span.
December 4, 2013 – Overall issuance growth will moderate in 2014, Fitch Ratings' managing director for asset backed securities says in the firm's outlook.
December 4, 2013 – The limited number of buyers able to write big tickets allows them players to dictate terms.
December 4, 2013 – The servicer has a reputation for aggressively writing down principal, often multiple times.
December 4, 2013 – The company has proven it's possible to obtain a credit rating for bonds backed by leases on rooftop panels -- but at a cost.
December 4, 2013 – The proposal would introduce dissemination of trade prices for securities ranging from highly liquid credit card and auto ABS to smaller and more esoteric deals in asset classes such as time shares, to commercial mortgage-backed securities (CMBS) and highly structured CDOs and collateralized loan obligations.
November 12, 2013 – Concern is mounting among investors and analysts that Nationstar, Ocwen Financial and Walter Investment are getting so big so quickly that they are becoming too difficult to manage.
November 1, 2013 – Card issuers are again lending to weaker borrowers; Its just a matter of time before the receivables show up in trusts.
November 1, 2013 – A pick-up in structured finance transactions from life insurance companies based in New York is likely to happen soon because the state recently decided to stop testing a new framework for calculating reserves.
November 1, 2013 – Direct exposure to either J.C. Penney or Sears is typically highest in seasoned deals where there are only a small number of loans remaining, and one is secured by a retail property.
November 1, 2013 – JPMorgan may be trying to put the sins of the past behind it; however, put-back risk for the industry is alive and well despite efforts by the federal government to impose what it deems to be appropriate mortgage underwriting standards.
November 1, 2013 – There's been a resurgence of issuance in bonds backed by both shipping container leases and aircraft operating leases. They share keysimilarities: highly cyclical industries, utilization and lease rate dynamics, and weak(er) lessee profiles/concentrations.
November 1, 2013 – The peer-to-peer lending platform expanded into new territory at the beginning of October when investment management firm Eaglewood Capital completed the first securitization of these consumer loans.
October 8, 2013 – Investors and those who advise them talked about opportunities in securitizations. Framing the discussion was the rise in interest rates that will be induced by the tapering of quantitative easing.
November 4, 2013 – JPMorgan may be trying to put the sins of the past behind it; however, put-back risk for the industry is alive and well despite efforts by the federal government to impose what it deems to be appropriate mortgage underwriting standards.
October 8, 2013 – Conference attendants took aim at Mortgage Resolution Partner's plan to seize underwater mortgages, arguing that, for Richmond, California, it doesn't even make sense.
October 6, 2013 – American consumers continue to shed debt and cut down on their late payments - with the notable exception of student loans. But does this mean that originations are going to rev up soon?
October 7, 2013 – Don't listen to the noise about a growing bubble in housing, said ABS East participants. There's plenty of reasons to believe there's nothing of the sort.
October 1, 2013 – What's keeping private-label RMBS investors up at night, and what could attract more capital, setting the stage for a broader recovery.
October 1, 2013 – Risk-retention rules could thin the ranks of CLO managers; the industry was hoping for a workaround, but what it got is pretty much unworkable.
October 1, 2013 – A nascent private bond market in France is expected to grow significantly over the next two years, and could complement, or possibly compete with, securitization of loans to small and medium-sized enterprises.
October 1, 2013 – A mortality bond from SCOR Global Life had a low attachment point, which is the threshold at which investors start incurring losses. That could attract more issuers.
October 1, 2013 – While Qualified Mortgage and Qualified Residential Mortgage Rules are designed to increase mortgage quality, investors must be cautious about privately issued securities in a post-GSE era where the underlying loans are subjected to a particular lenders underwriting and sourcing processes.
September 13, 2013 – Through bitter experience, bond purchasers learned about the moral hazard embedded in private RMBS and their grossly inadequate legal protections.
August 29, 2013 – Freddie Mac takes the first step in shifting mortgage default risk to the private sector.
August 29, 2013 – FINRAs plan to disseminate pricing on after-market transactions in asset-backed securities through TRACE should transform the market.
August 29, 2013 – An academic advocates a new approach to reform: breaking up the rating agency "oligopoly."
August 29, 2013 – A longstanding leading issuer of munis, New Yorks Metropolitan Transportation Authority (MTA) took an entirely new approach to the capital markets this past July: a catastrophe bond.
August 29, 2013 – Proposed changes to GAAP could make it less attractive to lease large equipment, but more attractive to securitize leases
August 29, 2013 – Two Ohio utility rate reduction bonds that priced this summer rekindle a debate as to the appropriate benchmark for these securities.
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