Get ready for a deluge of asset- and mortgage-backed bond offerings.Read more.
Norinchukin Bank has paused its purchases of U.S. CLOs in recent months, prompting some underwriters to change their distribution tactics.Read more.
Under pressure from issuers, Citigroup is acting urgently to fill a senior post on its U.S. asset-backed securities trading desk.Read more.
PennyMac is changing the way it finances its investments in agency risk-transfer securities.Read more.
Collateralized loan obligation trading surged in early June.Read more.
The Federal Housing Finance Agency is advancing with plans to recapitalize Fannie Mae and Freddie Mac via an initial public offering.Read more.
Redwood Trust is urging regulators not to extend a measure that enables Fannie Mae and Freddie Mac to buy and securitize mortgages that fall outside the...Read more.
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.