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The former Triumph Capital Advisors doubled its business by acquiring Doral Bank's CLO assets; Dodd-Frank’s “skin in the game” regs spurred its spinoff as a vehicle of the deep-pocketed Pine Brook.
By Glen FestJuly 11 -
The Loan Syndications and Trading Association is appealing directly to Treasury Secretary Steven Mnuchin to exempt collateralized loan obligation managers from rules requiring "skin in the game" of deals.
By Glen FestApril 13 -
A carve-out that shielded billions of dollars in collateralized loan obligations from Dodd-Frank's risk-retention mandate could work against banks and other CLO managers if Dodd-Frank is overhauled.
By Glen FestApril 12 -
Coordinators of a blockchain project backed by the financial industry say they have successfully demonstrated that the distributed ledger technology can be used to syndicate, trade and make payments on leveraged loans.
By Glen FestApril 3 -
It would encourage tighter underwriting of commercial mortgages, something the investors say is sorely needed.
By Glen FestMarch 1 -
Longer loan terms may be compounding losses when cars are repossessed, a portfolio manager says.
By Glen FestMarch 1 -
It’s unclear whether connecting lenders and borrowers over the internet offers any advantages over traditional lending, according to panelists at the Structured Finance Industry Group conference in Vegas.
By Glen FestFebruary 27 -
Opus Bank completed a $509 million securitization of its multifamily loans through a Freddie Mac-sponsored "Q-deal" risk-transfer securitization, the company announced Tuesday.
By Glen FestDecember 27 -
Buyers of certain syndicated corporate loans have had an incentive to drag their feet closing trades; they will soon pay a hefty price if they don't do their part. The reform should help lenders get assets off their books faster.
By Glen FestMarch 29 -
Well, something has to. For proponents of modernization and greater efficiency in the syndicated loan, bond, swaps, and private placement markets, it's well past time to put investors, banks, brokers and borrowers on the same technological page.
By Glen FestFebruary 24