ABS
November 21, 2008 - CWCapital Investments (CWCI) announced the hire of Hugh Hall as managing director.
November 21, 2008 - Babson Capital Management announced a series of promotions today.
November 21, 2008 - Ramesh Singh, head of real estate and securitized (RE&S) products. is departing UBS.
November 21, 2008 - Syncora Holdings announced the appointment of Duncan Hennes, Edward Muhl, Thomas Norsworthy, and Robert White to its board of directors.
November 20, 2008 - The Department of Education announced it will purchase Stafford/PLUS FFELP loans for the 2007-2008 academic year at a purchase price of 97% of principal and unpaid interest.
November 20, 2008 - GMAC Financial Services has applied with the Federal Reserve to become a bank holding company.
November 20, 2008 - Ambac Financial Group said yesterday that it has commuted two CDO of CDO of ABS exposures and two high grade CDO of ABS exposures.
November 20, 2008 - The prosecutor named to monitor the $700 billion bailout program said Wednesday that the Treasury's retreat from the program's original mission would not hurt his authority.
November 20, 2008 - S&P said that it will publish the names of the providers of
rating-dependent liquidity and credit support to ABCP conduits.
November 19, 2008 - Oak Hill Advisors has hired Fritz Thomas as a managing director, where he will help head up the firms business development and client coverage activities.
November 19, 2008 - Fitch Ratings has published a presale report on five money market investor funding facility related (MMIFF) ABCP programs.
November 19, 2008 - Laurie Goodman has joined the New York offices of Amherst Holdings as a senior managing director in charge of research, risk management and business development, effective Dec.8.
November 18, 2008 - The FHFA said Monday that the combined debt of Fannie Mae, Freddie Mac, and the Federal Home Loan banks was $6.8 trillion at the end of September.
November 18, 2008 - A structure for overseeing the financial services industry's bailout is coming together.
November 18, 2008 - The European securitization market remains frozen despite new issuance volumes for 3Q08 roughly matching the volume of maturing securities.