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US Treasury eyes online marketplace lending

USA - August 24 2015 In an interesting and unusual development, the Treasury Department has issued a notice seeking public input on the online marketplace lending…

Patrick D. Dolan, David L. Ansell, Daniel J. Colaizzi, IV, Robert H. Ledig, Thomas P. Vartanian

DOJ probes subprime auto-lending under FIRREA

USA - August 12 2014 Two of the largest subprime auto-lenders disclosed last week that they have received subpoenas from the U.S. Department of Justice (DOJ). The U.S…

Hector Gonzalez

Mapping the harbor: FDIC clarifies securitization safe harbor rules

USA - February 21 2012 On September 27, 2010, the Board of Directors of the Federal Deposit Insurance Corporation (“FDIC”) adopted new rules (the “Securitization Rules”) to apply to securitizations issued after the expiration on December 31, 2010 of the transitional safe harbor rule then in effect.

Patrick D. Dolan, Robert H. Ledig, Ralph R. Mazzeo, Joshua A.O. Strathman

Regulation AB Redux: SEC re-proposes rules relating to shelf-eligibility and disclosure requirements

USA - August 4 2011 In its proposing release dated April 7, 20101 (the “2010 Release”), the Securities Exchange Commission (the “Commission” or the “SEC”) proposed a number of rules relating to the offering, disclosure and reporting requirements for asset-backed securities (“ABS”).

Patrick D. Dolan, Ralph R. Mazzeo, Joshua A.O. Strathman

Securitization of pharmaceutical royalties: a prescription for market growth

USA - February 2 2011 Securitization techniques have been increasingly used in less traditional financings involving a wide variety of asset classes.

Kira N. Brereton, Joshua A.O. Strathman