Search for: "Unknown Trust, the unknown asset-backed security in which the loan was pooled"
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17 Sep 2017, 7:30 pm
NCSLT 2007-4 will issue approximately $1.464 billion in principal amount of asset-backed securities and acquire private student loans with a principal and accrued interest balance of approximately $1.02 billion. [read post]
5 Apr 2009, 1:26 pm
Following the signing of the Stimulus Act, the Treasury Department announced that the requirements would not apply to recipients of TARP funds through the Term Asset-Backed Securities Loan Facility (”TALF”), which is designed to increase lending to consumers and small businesses on more favorable terms by encouraging investment in highly-rated asset-backed securities. [read post]
26 Dec 2017, 5:19 pm
The China Securities Regulatory Commission said that Jia, whose whereabouts are unknown, has not made good on earlier promises to provide interest-free loans to the embattled company.... [read post]
28 Nov 2011, 8:57 pm
If MF Global went into customer segregated funds, which are supposed to separated away from the firm's assets, to meet the FCM's own margin calls, then Corzine and as yet unknown agents will face criminal charges. [read post]
19 Nov 2010, 7:15 am
That wouldn’t matter so much if the loans were collateralized by remarketable assets like mortgaged formal homes, but as these are consumer loans, where the repayment is predicated on mutual personal expectations, collapse of the MFI could mean collapse of repayment. [read post]
