Subprime Auto Securitization Was a ‘House of Cards’
The former principals of Honor Finance misrepresented the quality of loans that they packaged into a $100 million securities offering, the SEC says.
Online Lending Platform Refines the Science of Underwriting
Upstart's loan securitizations are performing far better than Kroll, the leading credit rating agency for marketplace lenders, had expected.
Credit Suisse Bond Spotlights Cap Markets Risk Coverage
The bank is eyeing the capital markets' response to its largely unprecedented move of securitizing operational risks.
A New Kind of Enterprise Lures Banker to CFO Post
Morgan Edwards finds new purpose and a huge potential market at 'marketplace lender' CommonBond.
FASB Revisits the Cash-Flow Statement
FASB member Marc Siegel tells why the board is revisiting the cash-flow statement.
Securitization: Back From the Dead
A much-maligned financial innovation is in the early stages of a comeback.