-
Volcker changes finalised
Sector developments and company hires
Volcker changes finalised The CFTC, FDIC, OCC, SEC and US Fed have finalised a rule modifying the V...
Market Moves 26 June 2020 -
Subprime auto performance eyed
Sector developments and company hires
Subprime auto performance eyed Davis & Gilbert’s latest Credit Chronometer subp...
Market Moves 25 June 2020 -
RFC issued on NPL ABS treatment
Sector developments and company hires
RFC on NPL ABS treatment The Basel Committee has published a technical amendment in connection with...
Market Moves 24 June 2020 -
Weathering the storm
US CLO warehouses perform well
US CLO warehouses have weathered the fall-out from Covid-19 reasonably well, according to a new repo...
News 24 June 2020 -
QM price-based approach mooted
Sector developments and company hires
QM price-based approach mooted The CFPB has issued two notices of proposed rulemaking (NPRMs) to ad...
Market Moves 23 June 2020 -
Test case scenario?
US bankruptcy dispute could provide a template for CLO managers
US-based marketing firm Acosta's bankruptcy filing and resultant disagreement between its lo...
News Analysis 23 June 2020 -
MILN market set to reopen
Sector developments and company hires
MILN market set to reopen Arch has returned to the market with Bellemeade Re 2020-1, after it was...
Market Moves 22 June 2020 -
Time cut
Post-crisis CLOs continue to feature short non-call/reinvestment periods
New issue CLOs either side of the Atlantic have adapted to the post-pandemic world by introducing sh...
News 22 June 2020 -
SCI Start the Week - 22 June
A review of securitisation activity over the past seven days
FREE - Capital Relief Trades Virtual Panel - LIVE Join SCI live again this Thursday, 25 June, for a...
News 22 June 2020 -
CMBS scores in first TALF window
Sector developments and company hires
CMBS scores in first TALF subscription Investors requested US$252m in loans under the first TALF 2....
Market Moves 18 June 2020 -
Structural hurdles
US CLO managers face restructuring challenges
Restructurings and workouts are an increasing focus for US CLO managers as credit deterioration cont...
News Analysis 18 June 2020 -
Next step
Debut CLO part of platform roll-out
BlueBay Asset Management priced its first CLO on Monday inside recent primary tights and despite the...
News Analysis 17 June 2020 -
Older CLOs underperforming
Sector developments and company hires
Older CLOs underperforming A significant proportion of all the US BSL CLOs S&P has on negat...
Market Moves 16 June 2020 -
SCI Start the Week - 15 June
A review of securitisation activity over the past seven days
Last week's stories Addressing inconsistencies Performance metrics switched Calabria confiden...
News 15 June 2020 -
Californian auto loans eyed
Sector developments and company hires
Californian auto loans eyed The Westlake Automobile Receivables Trust 2020-2 issuer has disclosed t...
Market Moves 12 June 2020 -
Synergy search
CLO manager consolidation to stay sporadic?
There have been a flurry of CLO manager mergers and transfers recently (SCI passim). However, the ne...
News Analysis 11 June 2020