Asset Securitization facilitates 'on-balance sheet' lending to an 'off-balance sheet' income stream that improves return on capital and places fewer constraints on regulatory capital. The paper depicts that since the primary goal of asset securitization is to separate the credit risk of the originator from that of the underlying assets,...
NEW YORK -- Fitch Ratings affirms the following classes of Asset Securitization Corporation's commercial mortgage pass-through certificates, series 1996-MD VI: -- $49.5 million class A-7 at 'AAA'; Outlook Stable; -- $35.8 million class B-1 at 'AAA'; Outlook Stable; and -- $1,000 class B-1H at...
FORT WORTH, Texas -- AMERICREDIT CORP. (NYSE: ACF) today announced the pricing of a $500 million offering of automobile receivables-backed securities, under the AmeriCredit Automobile Receivables Trust AMCAR platform, which primarily includes subprime automobile loan contracts. The lead managers on the transaction are Deutsche Bank Securities, JP Morgan and RBS...
LONDON, November 21 /PRNewswire-FirstCall/ -- TFG today announces in furtherance of its share repurchase program announced on November 30, 2007, that for the period of November 17, 2008 through November 21, 2008 TFG purchased 100,000 of its shares for an average price of U.S. $3.03 per share. ...
NEW YORK -- Ambac Financial Group, Inc. (NYSE: ABK) Ambac today announced that it has commuted two CDO of CDO of ABS (commonly referred to as CDO-squared) exposures and two high grade CDO of ABS exposures. The four transactions, with an aggregate of approximately $3.5 billion notional outstanding at September...
NEW YORK -- The following ABCP issuers were updated in Fitch's U.S. ABCP S.M.A.R.T. system during the week of Nov. 10, 2008: --Alpine Securitization Corp. (August 2008); --Aspen Funding Corp. (October 2008); --Citibank Credit Card Issuance Trust, Dakota CP Notes (October 2008); ...
First Index Ever to Track Rapidly Growing Alt-Alt Marketplace NEW HAVEN, Conn., Nov. 17 /PRNewswire/ -- Wood Creek Index Company, LLC today announced the launch of its "Alternative AlternativesR Investment Index." The Wood Creek Alternative Alternatives Investment Index is designed to capture the performance of investment...
LONDON, November 14 /PRNewswire-FirstCall/ -- TFG today announces in furtherance of its share repurchase program announced on November 30, 2007, that for the period of November 10, 2008 through November 14, 2008 TFG purchased 89,074 of its shares for an average price of U.S. $3.01 per share. ...
NEW YORK -- Fitch has affirmed ratings assigned to asset-backed commercial paper ABCP issued by JP Morgan Chase Bank, N.A. JPM sponsored conduits as follows: --Falcon Asset Securitization Company LLC at 'F1+'; --Jupiter Securitization Company LLC at 'F1+'. The action follows JPM's increase in...
LONDON, November 7 /PRNewswire-FirstCall/ -- TFG today announces in furtherance of its share repurchase program announced on November 30, 2007, that for the period of November 3, 2008 through November 7, 2008 TFG purchased 84,008 of its shares for an average price of U.S. $3.03 per share. ...
SOUTHFIELD, Mich., Nov. 6 /PRNewswire-FirstCall/ -- Origen Financial, Inc. , a real estate investment trust that manages residual interests in securitized manufactured housing loan portfolios, today announced a net loss of $1.2 million, or $0.04 per share, for the quarter ended September 30, 2008, compared with net income of...
NEW YORK, Nov. 5 /PRNewswire/ -- Grais & Ellsworth LLP, a New York litigation firm that represents investors in asset-backed securities, announced today a briefing for investors in securitizations of loans originated by Countrywide Financial Corporation now a subsidiary of Bank of America. Countrywide has reached an agreement in...
NEW YORK -- Fitch Ratings maintains the Rating Watch Evolving placement of the following class of Asset Securitization Corp.'s commercial mortgage pass-through certificates, series 1995-MD IV: --$45.3 million class B-1 at 'A+'. Fitch affirms and assigns a Rating Outlook to the following class: --Interest-only...
CHICAGO -- Fitch Ratings has posted to its public website, www.fitchratings.com, a special report detailing its recent review of the rated portfolio of U.S. auto lease asset-backed securitizations ABS. The report, titled 'Auto Lease Transactions Road Tested: A Guide to Analyzing Auto Lease ABS Performance' is intended to provide an...
LONDON, October 31 /PRNewswire-FirstCall/ -- TFG today announces in furtherance of its share repurchase program announced on November 30, 2007, that for the period of October 27, 2008 through October 31, 2008 TFG purchased 17,196 of its shares for an average price of U.S. $3.37 per share. ...
LONDON, October 24 /PRNewswire-FirstCall/ -- TFG today announces in furtherance of its share repurchase program announced on November 30, 2007, that for the period of October 20, 2008 through October 24, 2008 TFG purchased 43,444 of its shares for an average price of U.S. $4.38 per share. ...
LONDON, October 22 /PRNewswire-FirstCall/ -- On October 21, 2008 the Board of Tetragon Financial Group Limited TFG declared a dividend of $0.15 per share in respect of Q3 2008. The TFG website (http://www.tetragoninv.com/) includes an Optional Stock Dividend Plan for those shareholders electing to receive dividends in...
Resource Center created to provide tools for clients managing changes in global markets NEW YORK, Oct. 22 /PRNewswire/ -- Hunton & Williams LLP has formed a multidisciplinary Financial Industry Recovery Group to assist its clients in addressing the challenges and exploring the opportunities of the current financial...
NEW YORK, Oct. 22 /PRNewswire/ -- Grais & Ellsworth LLP, a New York litigation firm that represents investors in asset-backed securities, announced today a briefing for investors in securitizations of loans originated by Countrywide Financial Corporation now a subsidiary of Bank of America. Countrywide has reached an agreement in...
The Global Leader in Securitization Broadens Data Set Coupled with Credit Surveillance Expertise WALTHAM, Mass., Oct. 20 /PRNewswire/ -- Lewtan Technologies, Inc., the industry's leading source for asset-backed securities surveillance data, analytics, software, and content for the global securitisation industry, today announced the expansion of a recently...
Articles 2008-10-20
<< Previous
page 1 of 1
Next >>
Premier Vendor Content
Whitepapers, webcasts & resources from our Power Center Sponsors
Powerful, Dell is built to fit your business needs Customized systems, experts trained in small business, 24/7/365 support, and powerful, reliable technology. Dell, big results for small business.
