As the U.S. economic downturn persists, credit card issuers are facing new financial and political pressures that could rattle one of the industry's bedrocks: the market for credit card asset-backed ...
Credit card industry analysts this week expressed cautious optimism about credit card securitization as the pace of deals backed by credit card loans increases and some positive effects are seen from ...
WILMINGTON, Del., Dec. 5, 2024 /PRNewswire/ -- Continental Finance Company, LLC ("CFC"), a leading marketer and servicer of credit cards to the near prime market, today announced the issuance of $550 ...
US president Donald Trump unsettled a fresh corner of financial markets on January 9 when he called in a Truth Social post ...
) -- Credit card lending has dropped sharply since the 2008 crisis, but even more impressive is the virtual shutdown of the market used to fund those liabilities. During much of the past decade, banks ...
TORONTO, April 29, 2024 /PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) today announced an amendment to its CARDS II securitization program. Canadian Imperial Bank of Commerce (CM) and other parties to the ...
SAN JOSE, Calif.--(BUSINESS WIRE)--Recent data from independent research firm, Mercator Advisory Group, now a part of Javelin Strategy & Research, found that asset-backed securitizations (ABS) ...
In the first case decided on the issue of whether Madden v. Midland Funding, LLC is applicable to a credit card securitization, the United States District Court for the Western District of New York, ...
Moodys Nov. 16, 2020, 09:43 AM Rating Action: Moody's assigns provisional ratings to the Class AAA Notes and Class AE Securities issued by Omni Ireland Credit Card Securitization T3 DAC Vollständigen ...