...22 New Cures: Twenty-two bank issuers, representing $238 million of collateral in 22 CDOs, resumed interest payments and repaid accrued interest on their TruPS in 2Q14. Three New Defaults: Three bank issuers, with a total of $69 million of collateral in eight CDOs, defaulted in 2Q14. Two New Deferrals: Two issuers, representing $27 million of collateral in four CDOs, began deferring on their TruPS in 2Q14. Cumulative Defaults and Deferrals Decreased: At the end of 2Q14, 232 bank issuers, representing approximately $6.5 billion, were in default, and 204 bank issuers were deferring on $2.3 billion of collateral....
