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Another Refi Wave Overtakes U.S. CLO Market

By Glen Fest

Like the refinancing that managers raced to complete before Dec. 24, 2016, this activity is driven by a desire to avoid retaining skin in the game. But this time, managers are taking advantage of a narrow exemption spelled out 18 months ago in a "no-action" letter from the SEC.

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Latest News

Ex-Va. AG Wants to Eliminate, Rather Than Reform, CFPB

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First CMBS of 2017 Refinances Five Marriott Hotels

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Mortgages Taking Center Stage at Online Lender SoFi

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More Pain in Store for Subprime Auto ABS in 2017

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No, the Future of Fannie and Freddie Is Not a 'Sideshow'

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A Whole Lot of Hurt in Auto Lending May Be Coming

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