A Future without LIBOR?

Patrick Tadie |
Corporate & Institutional

As 2021 fast approaches, the burning question of what indices will replace LIBOR (London Interbank Offered Rate) comes to the forefront. LIBOR scandals have caused the creation of alternative indices options. The impact to the Asset-Backed Securities (ABS) market could be significant as there are billions of dollars of residential mortgage loans in the U.S. that are tied to LIBOR.


Reinsurance Trustees: The Good, the Bad, and Everything in Between

Robert Quinn |
Corporate & Institutional

Trustees are a vital component of reinsurance, and choosing the right one can be the difference between a smooth experience and a sticky one. The true cost of a trust is defined by more than the dollars, and the time you spend as a grantor or a beneficiary of a reinsurance trust must also be considered.  Some trustees understand the nature of the reinsurance trust business better than others.


Role of the Trustee in Asset Securitization

The Wilmington Trust Equipment Finance Team |
Corporate & Institutional

A trustee plays a critical role in helping protect the interests of investors in a securitization transaction.

Asset securitizations are complex transactions involving multiple parties with multiple interests as well as accountants and legal professionals.
An experienced trustee at the center of the transaction can help steer all parties smoothly through the process.
Experienced trustees help to ensure that asset securitization will achieve the goals of the originator of the asset pool.