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 ...

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) ...

) -- 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 ...

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 ...

SALT LAKE CITY--(BUSINESS WIRE)--WebBank announced today it has committed to invest up to $250 million in the obligations of a securitization structure sponsored by Avant that are secured by credit ...

NEW YORK, June 10 (Reuters) - The pace of auto issuance has held to a steady clip in the U.S. asset-backed market this year just as credit card sales are plunging as a new securitization landscape ...

WILMINGTON, Del., Sept. 29, 2022 /PRNewswire/ -- Continental Finance Company, LLC ("CFC") is pleased to announce the closing of its sixth term securitization of credit card receivables to date, which ...