Greystone has closed the first two transactions originated under Freddie Mac's new small balance commercial mortgage loan initiative.
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The U.S. Education Department, citing "inaccurate representations" to student-loan borrowers, will end debt-collection contracts with Navient and four other companies.
March 3 -
Morgan Stanley said New York Attorney General Eric Schneiderman intends to sue the company, alleging it misrepresented or omitted information when underwriting 30 subprime securitizations.
March 2 -
Macquarie Bank plans to issue $350 million of securities backed by a pool of Australian auto loans and leases.
March 2 -
Morgan Stanley plans to offer $545 million of securities backed by five large loans.
March 2 -
Issuance volume of asset-backed securities for the year through Feb. 27, 2015.
March 1
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American Homes 4 Rents latest transaction, AH4R SFR 2015-1, deals with one of the biggest risks inherent in single- family rental bonds: balloon repayment risk.
February 27 -
Ocwen Financial Corp., the mortgage servicer under attack for its handling of home loans, is being fired from overseeing debt backing two bond deals, according to notices sent to bondholders.
February 27 -
Volkswagen priced an upsized $1.45 billion auto lease securitization and Hyundai is prepping to launch $964 million of securities backed by the asset class.
February 27 -
The U.S. collateralized loan obligation market is off to a slower-than-expected start, and this is causing market participants to lower their expectations for 2015 as a whole.
February 27 -
Weak commodity prices are creeping up as a concern in agricultural equipment lease securitizations.
February 27 -
Two more subprime auto lenders, Westlake Financial Services and Flagship Credit Acceptance, are making their first trips of the year to the securitization market.
February 26
