In a stark reversal of its post-credit-crisis aversion to securitization, UBS is attempting to reassemble a team that would underwrite and issue...Read more.
AEP Texas is moving ahead with what would be the first utility-fee securitization in the U.S. since May 2018.Read more.
The U.S. Department of Justice is investigating defunct auto lender Honor Finance, whose lone asset-backed bond deal is on the verge of default.Read more.
Wells Fargo is auctioning off pre-credit-crisis mortgages in which the borrowers were able to defer early payments by adding to their principal balances...Read more.
Morningstar has hired two key analytical professionals away from S&P, installing one of them as head of mortgage-bond ratings.Read more.
Information Management Network has suddenly replaced the head of its new investor group.Read more.
AllianceBernstein is getting into the business of securitizing broadly syndicated leveraged loans.Read more.
Morningstar is expanding its structured-finance rating and technology groups.Read more.
Mortgage-finance professionals are growing concerned that originators of non-qualified loans won’t have the capacity for an anticipated uptick in...Read more.
RBC is further increasing the volume of repurchase agreements that it writes against mortgage products, and possibly other assets.Read more.
AIG is planning an expansion of its mortgage-bond program, potentially positioning itself as a leading issuer in the sector.Read more.