...Twenty New Cures: Twenty bank issuers, representing $198.3 million of collateral in 27 CDOs, resumed interest payments and repaid accrued interest on their TruPS in 2Q15. Seven New Deferrals: Seven issuers, representing $56.2 million of collateral in 10 CDOs, began deferring on their TruPS in 2Q15. Six of the seven were re-deferrals by banks that previously cured. One New Default: One bank, representing $12 million of collateral in one CDO, filed for bankruptcy in 2Q15. Cumulative Defaults and Deferrals Decreased: At the end of 2Q15, 231 bank issuers, representing approximately $5.7 billion, were in default, and 132 bank issuers were deferring on $1.6 billion of collateral. This compares with 232 bank issuers, representing approximately $6.5 billion of default, and 204 bank issuers in deferral of $2.3 billion of collateral at the end of 1Q15....
