Search for: "Credit Based Asset Servicing And Securitization" Results 1 - 20 of 167
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9 Feb 2008, 4:41 am
The article points to the increasing evidence that securitization lead to lax mortgage lending in the United States.The column is based largely on the study by Atif R. [read post]
31 Jul 2007, 7:25 am
Mortgage insurer MGIC Investment Corp is looking at a huge write-off of a $1.03   billion investment in Credit-Based Asset Servicing and Securitization LLC (C-BASS). [read post]
2 May 2011, 12:14 pm by James Hamilton
In a letter to the SEC and the federal banking agencies, the securities industry urged the regulators when implementing Dodd-Frank's Volcker Rule to exempt from the definition of hedge fund and private equity fund issuers that originate, buy, sell or securitize loans or assets based on loans. [read post]
2 Jun 2010, 1:50 am by Kevin LaCroix
In two separate decisions, two courts issued opinions in cases that each related in different ways to Credit-Based Asset Servicing and Securitization, LLC, also known as C-Bass. [read post]
Section 15G requires the Agencies to issue rules that would generally require that a securitizer of asset-backed securities (“ABS”) retain an economic interest in not less than 5% of the credit risk of the assets collateralizing such ABS. [read post]
18 Sep 2019, 10:16 am by Adam Levitin
The story suggests that these suits threaten the $563 billion asset-securitization market and also the $11 trillion mortgage securitization market. [read post]
22 Nov 2010, 12:50 pm by Adam Levitin
Bankruptcy remoteness means that the RMBS investors are assuming only the credit risk on the mortgages, not the credit risk of the originators and/or securitizers of the mortgages, and RMBS are priced based on this expectation. [read post]
6 Mar 2009, 5:20 pm
"TALF is a $1 trillion U.S. economic recovery program of securitized lending designed to jump-start new lending to consumers and businesses by providing cheap credit to large investors to purchase newly issued securities backed by such loans. [read post]
10 Jan 2011, 12:23 pm by Adam Levitin
The trusts claimed three alternative bases for chain of title: (1) that the mortgages were transferred via the pooling and servicing agreement (PSA)--basically a contract of sale of the mortgages (2) that the mortgages were transferred via assignments in blank. (3) that the mortgages follow the note and transferred via the transfers of the notes. [read post]
28 Jul 2008, 12:02 pm
The traditional "sale treatment," where the assets are derecognized and the pass-through liability instrument isn't shown on the securitizer's balance sheet, would likely be a much rarer find. [read post]
26 Apr 2010, 4:52 pm by LindaMBeale
  A high credit rating signifies, we thought, that the credit rating agency has done its internal modeling on the underlying assets and concluded that there is unlikely to be a default and that the cash flows on the underlying assets in the securitization are sufficient to service the debt, so that interest and principal payments can be treated as relatively certain to be paid. [read post]
Editor's Note: The following post comes to us from Dan Ryan, Leader of the Financial Services Advisory Practice at PricewaterhouseCoopers LLP, and is based on a PwC publication. [read post]
27 Aug 2010, 11:07 am by Mandelman
And Lapis philosophorum, referred to as the philosophers’ stone, is the legendary alchemical substance, that was said to be capable of turning base metals, especially lead, into gold. [read post]