Search for: "Securitized Asset Backed Receivables" Results 141 - 160 of 219
Sort by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
13 Dec 2010, 9:10 am by LindaMBeale
  As did most of the multimillionaires who own substantial financial assets. [read post]
4 Dec 2010, 7:58 pm by Adam Levitin
For example, consider the PSA for Securities Asset Backed Receivables LLC Trust 2005-FR3, dated July 1, 2005, § 2.01(b), July 1, 2005. [read post]
23 Nov 2010, 9:24 am by Mandelman
  If that last paragraph was confusing, you should probably go back and read another Mandelman U. article: Securitization and Mortgage-Backed Securities, which explains the securitization process and mortgage-backed securities thoroughly and in simple terms. [read post]
28 Oct 2010, 3:53 pm by James Hamilton
For example, many underwriters of asset-backed securities provide transaction sponsors with short-term funding facilities such as variable funding notes and asset-backed commercial paper, whereby the underwriter provides financing to the sponsor to fund asset originations or purchases of assets.These facilities provide essential liquidity until the assets can be packaged through a term securitization and sold into the debt capital… [read post]
15 Oct 2010, 8:34 am by Kara OBrien
The new Exchange Act definition of “asset-backed security,” as added by the Dodd-Frank Act (Exchange Act ABS), which applies for this purpose, is broader than the definition in Regulation AB, and encompasses any fixed-income or other security collateralized by any type of self-liquidating financial assets that allow the holder to receive payments that depend primarily on cash flow from the asset, including CMOs, CDOs, collateralized bond… [read post]
10 Oct 2010, 8:11 am by Mandelman
Apparently, JPMorgan Chase also has quite a bit of robo-signing going on back at its headquarters as well. [read post]
4 Oct 2010, 8:16 am by Rich Vetstein
As one securitization expert explains, a Pooling and Servicing Agreement is the legal document creating a residential mortgage backed securitized trust. [read post]
20 Sep 2010, 2:01 pm by Robbie L. Vaughn, Esq.
`(d) Definitions- For purposes of this section, the following definitions shall apply: `(1) RESIDENTIAL MORTGAGE LOAN- The term `residential mortgage loan’ means any consumer credit transaction that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling or on residential real property that includes a dwelling, other than a consumer credit transaction under an open end credit plan or an extension of credit relating to a plan described in section… [read post]
17 Sep 2010, 10:59 am by Elie Mystal
Separately and immediately prior to the transaction, (i) SLM Corporation (“Sallie Mae”) will acquire from SLC $28 billion of securitized federal student loans and related assets and (ii) Citi will acquire from SLC certain federal and private student loans and other assets totaling $8.7 billion. [read post]
11 Sep 2010, 1:42 pm by James Hamilton
The legislation is designed to enhance liquidity in the secondary markets, reduce financing pressure, and more broadly reform the mortgage-backed securitization process. [read post]
27 Aug 2010, 11:07 am by Mandelman
Securitization is a process that takes certain assets (think: loans) and “pools” them so they can be packaged into interest-backed securities, which are a type of bond. [read post]
15 Jul 2010, 11:37 am by James Hamilton
The dissolution of a failing firm will be paid for first by shareholders and creditors, followed by the sale of any remaining assets of the failed company. [read post]
26 Jun 2010, 4:59 pm by Hedge Fund Lawyer
No Evasion: Large bank holding companies that have received TARP funds will not be able to avoid Federal Reserve supervision by simply dropping their banks. [read post]
25 Jun 2010, 9:22 am by James Hamilton
Excessive risk taking by AIG and certain monoline insurance companies that provided protection against declines in the value of such asset backed securities, as well as poor counterparty credit risk management by many banks, saddled the financial system with an enormous unrecognized level of risk. [read post]
17 Jun 2010, 6:06 am by Mandelman
Senate Investigation Says Banks Caused Crisis Not Borrowers Phoenix Couple Says Wells Fargo Is the Loan Modification Scammer Mandelman U Presents Securitization of Mortgage Backed Securities Physical & Fiscal Health: About Alcohol, Sugar, Exercise… and Sleep. [read post]
2 Jun 2010, 9:00 am by admin
Since the securitization markets collapsed two years ago, many have asked whether covered bonds might offer a suitable alternative to commercial mortgage-backed securities (CMBS) and other kinds of asset-backed securities. [read post]
1 Jun 2010, 1:20 pm by James Hamilton
The term qualified nationally recognized statistical rating organization with respect to a category of structured finance products means a nationally recognized statistical rating organization that the Board determines, using statutory criteria, to be qualified to issue initial credit ratings with respect to such category.The term category of structured finance products as used in the legislation must include any asset-backed security and any structured product based on an… [read post]
28 May 2010, 8:00 am by Daniel Snare
  It utilizes a quota system whereby the Planning Commission and various provincial leaders receive a listing quota for that particular region, which constitutes a certain amount of shares of government property that may be securitized and sold. [read post]
21 May 2010, 4:38 am by James Hamilton
States will have responsibility for regulating advisers with less than $100,000,000 in assets under management. [read post]
10 May 2010, 11:30 pm by Martin George
Allegations of fraud also increase with economic stringency – as indeed does fraud – as trading conditions worsen and liquidity deteriorates.13 Sellers misrepresent their products, straightened borrowers conceal their circumstances to obtain finance, traders lacking liquidity charge their assets (often receivables) to different lenders to obtain funds. [read post]