May 1, 2013 |
Past Issues |
Deal economics are improving, trumping regulatory challenges and a shortage of collateral
The first three European CLOs to price since the financial crisis were structured to ease investor worries, and their successively tighter spreads suggest thats happening.
A debate over using loans with weak covenants as collateral and other buzz from Information Management Network's Second Annual CLO Conference.
Deals issued pre-crisis are past their most perilous years but structural flaws could still prove hazardous for investors.
Until recently private student loans were the laggards in the recovery of the U.S. securitization market, but demand is picking up.
Theres been plenty of talk about using securitization to finance solar energy, but to date, no deals; the Department of Energys National Renewable Energy Laborator wants to jumpstart the process.
The Structured Finance Industry Group's membership keeps growing.
As new deal volume in the private label RMBS market continues to ramp up, so do questions from investors about how these deals will evolve over time.
Controversy over the Mexican equipment lease sector
Given the distress that European structured finance deals are under, they have performed astonishingly well according to one key metric: defaults.
Thanks to the expansion of the Bank of Englands Funding for Lending Scheme by one year, to January 2015, there will likely be few securitization deals placed with investors in the foreseeable future, according to Barclays analysts.
View year-to-date issuance through May 17 for ABS, MBS and CMBS.
View the year-to-date manager rankings through May 17 for the different ABS sectors, including real estate, credit cards and autos
View the Scorecard deals featured in ASR's Scorecard database that priced in the two weeks ended May 17.
See results from the Mortgage Bankers Association's Refinance and Purchase Indexes for the week ended May 8 as well as the weekly mortgage rates surveyed by Freddie Mac for the week ended May 9.