The firm has hired Jeffrey Stern and Anthony Schouten, broadening its offerings to clients in financial services.
Barclays is looking to buy up notes in ACA CLO 2005-1, a CLO managed by Apidos Capital Management.
Bond insurer Assured Guaranty has reached a three-part deal with Radian Asset that expands Assured Guarantys portfolio and business.
Bank of America has raised a $388 million CLO for Symphony Asset Management.
Registered attendees are currently at 4,432. Tom Deutsch, executive director of the ASF, said that another 300-600 securitization professionals are expected to register onsite.
Monolines that have brought MBS lawsuits to court have used the same facts that class actions and put-back claims have made.
Dealing with discounted assets is not only a domestic theme but one with which the U.K. is all too familiar.
Now that CLOs are diminishing as the biggest investors in European loans, S&P, Moody's and Fitch need to find a new market for shadow ratings.
For the U.S. market, the lessons of European regulatory simplicity could be key to reviving other sectors of securitization outside the consumer ABS asset classes.
Securitization pros have had to constantly come up with new deal structures to respond to challenges posed by the ongoing financial crisis. Nowhere is this more obvious than in CMBS.