Leading commercial real estate lenders expect loan volume in 2015 to top 2014, driven by refinancing of maturing debt and strong market fundamentals.
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President Obama has directed the Department of Education and other agencies to institute changes meant to improve student loan servicing in an initiative the White House calls "a student aid bill of rights."
March 10 -
Bondholders in CMBS with exposure to Macerich Company would be wise to watch how Simon Property Groups $22.4-billion bid for the mall operator unfolds.
March 10 -
Synchrony Bank, formerly GE Capital Retail Bank, has priced the senior tranche of a five-year credit card securitization of the year, according to a regulatory filing.
March 10 -
Santander Consumer USA will access a deeper subprime pool of borrowers in its latest $712 million subprime securitization, Drive Auto Receivables Trust 2015-A.
March 9 -
Credit Suisse has priced a securitization of 82 commercial mortgages - CSAIL Series 2015-C1 - that add up to roughly $1.2 billion, according to a filing with the SEC.
March 9
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Synchrony Bank, formerly GE Capital Retail Bank, has launched its first credit card securitization of the year, according to rating agency presale reports.
March 9 -
Chase priced a total of $1.75 billion of securities backed by credit card receivables Monday, according to a regulatory filing.
March 9 -
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Issuance volume of ABS, MBS and CMBS for the year through March 6, 2015.
March 7 -
Ocwen Financials termination as servicer of two residential mortgage securitizations sets a negative precedent", Moodys Investors Service warns.
March 6 - Europe
Paragon, a U.K. buy-to-let mortgage lender, plans to securitize a £154.5 million ($232 million) pool of mortgage loans, according to a Moodys Investor Service presale report.
March 6 -
Bank of America may finally be able to begin burying the largest of its crisis-era skeletons, Countrywide Financial.
March 6
