Persistent economic concerns may slow the pace but won't stop improvements in commercial real estate performance throughout 2013, according to Moody's Investors Service.
The American Securitization Forum and the Structured Finance Industry Group will both speak against the Franken Amendment at the U.S. Securities and Exchange Commission ratings agency roundtable event in Washington D.C.
Standard & Poor's calculates that only 38.1 billion of notes from an original issuance volume of 2,779.0 billion have defaulted since mid-2007, representing a 1.37% cumulative default rate.
The Securities and Exchange Commission is pressing large banks to provide investors with more accurate information about structured notes.
Fitch Ratings has new way of analyzing Federal Family Education Loan Program securitizations that may lead to upgrades on the floating rate subordinate bonds in these deals.
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.
The industry made changes so as to render CMBS viable again by attracting a broader investor base is the so-called "CMBS 3.0" version.
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.
An underappreciated threat to the mortgage and housing markets is the reliance of many American borrowers on low Libor rates.
The loan market is getting creative in structuring deals to accommodate this waning investor class.