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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 -
Should companies that manage collateralized loan obligations but don't originate the loans be subject to Dodd-Frank's risk-retention rules for securitizations?
By Glen FestFebruary 10 -
Warehouse financing is back, and it's one of the drivers of the resurgence in collateralized loan obligations. Banks are more willing to provide it, but nonbanks are bigger players, too.
By Glen FestAugust 11 -
A federal district court in Washington upheld another ruling disallowing three hedge funds controlling portions of a defaulted loan from voting on a reorganization plan. The ruling could impact banks as they make more concessions to win business.
By Glen FestJune 16 -
Legal experts are becoming increasingly concerned that federal judges are questioning the right of a lender of secondary creditor to bid the full value of claims in Chapter 11 cases. For banks looking at bankruptcy, this development provides more encouragement to settle with certain debtholders before seeking legal protection.
By Glen FestMay 29