In this week’s newscast, the PCS label has revised its criteria; a government watchdog warns about brisk growth of servicers; and Amherst and Pierpont merge.
More From Asset Securitization Report
Catastrophe-bond funds suffered virtually no losses from Hurricane Milton
The Swiss Re global cat-bond index is up more than 13%, as investors emerge largely unscathed after what meteorologists had warned would be one of the most active hurricane seasons in recent memory.
U.S. Treasury Rally Supports Investor Demand for 20-Year Bonds
The move was led by the two-year yield, which at one point fell nearly 8 basis points below 4.69% — short of last week's low 4.65%.
What’s the legal definition of greenwashing?
Nobody knows for sure, and that's causing some big regulatory problems.
CLO managers need to offload aging loans and the clock is ticking
If they can't sell the CLOs over the next year or so, their loans may be liquidated, causing a potential flood of selling that could press prices lower in a market that's already been hit by recession fears.
April cover: Containing market fallout in the ABS world
ABS participants saw markets freeze and were bracing for worse when federal aid provide a short-term respite. The question now: How much trust can anyone put in the medium-term and beyond?
By
Glen Fest
