BlackRock managed an auction of $4.6 billion in U.S. mortgage-backed securities, many of them issued in 2006 and 2007, for a European Bank. Credit Suisse was among the major winners.
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Angelo Gordon & Co. has acquired at a discount $267 million in soured commercial mortgages from the commercial lender Bancorp Bank.
January 7 -
Dunkin' Brands, the parent company of Dunkin' Donuts and Baskin-Robbins, plans to close its senior secured credit facility and replace it with a securitization.
January 7
- Europe
Gebäudeversicherung Bern has issued its first catastrophe bond, according to GC Securities, the sole placement agent.
January 7 -
he amount of commercial mortgage debt maturing is set to spike this year, when loans taken out during the height of the real estate bubble start coming due.
January 7 -
Trepp reported that December US CMBS delinquencies fell by another 5 basis points to 5.75%. In all, delinquencies in the year fell by 168 basis points from 7.43% in December 2013.
January 6
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John Olert, formerly the chief credit officer at Fitch Ratings, has been named group chief risk officer, a newly created position for Fitch Group, according to a press release.
January 6 -
Mortgage lenders are hoping the new Republican-controlled Congress is going to be more receptive to making changes to the "qualified mortgage" rule.
January 5 -
BMW Financial Services is marketing $1 billion of securities backed by auto lease receivables issued from BMW Vehicle Lease Trust 2015-1.
January 5 -
After a quiet close to 2014, the securitization pipeline looks set to rev up again with a $1.6 billion auto lease deal to be issued by Mercedes-Benz Financial Services USA LLCs (MBFS).
January 5 -
Leading commercial real estate lenders expect loan volume in 2015 to top 2014, driven by refinancing of maturing debt and strong market fundamentals.
January 5 -
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