Borrowers included in 2014 vintage private label residential mortgage pools as well as 2014 vinatge GSE risk share bonds have taken on more debt, as evidenced by the transactions higher LTVs.
-
California Republic Bank priced $325 million of bonds backed by prime auto loans, its fourth securitization of the year, according to a regulatory filing.
December 10 -
First National plans to issue a$90mn tax lien securitization backed by a pool of tax liens on real estate properties in Florida, Illinois and South Carolina, according to Kroll Bond Rating.
December 9 -
New Residential Mortgage is marketing $503 million of bonds backed by mostly re-performing residential mortgages.
December 9 -
Securitization is likely to absorb the $347 billion of commercial mortgages set to mature in the next three years.
December 9 -
While municipal efforts to use eminent domain to seize homeowners' underwater mortgages have subsided, the issue is still a concern for many mortgage bond market participants.
December 9
-
Top restructuring officials have endorsed the right of secured creditors to use their liens on borrowers' assets as currency in 363 corporate bankruptcy sales.
December 9 -
Octagon Credit Investors took advantage of a dip in loan prices over the summer to quickly print a CLO at the request of one of its own investors, using the proceeds to snap up collateral, largely in the secondary market.
December 9 -
JP Morgan and Barclays are marketing $1.4 billion of securities backed by 69 commercial mortgage loans that are secured by 94 properties, according to Kroll Bond Rating
December 8 -
The U.S. Securities & Exchange Commission is seeking to suspend Standard & Poors from grading commercial mortgage bonds in what would be the agencys toughest action yet against a major credit rater, a person with knowledge of the matter said.
December 8 -
Bank of America Merrill Lynch has a $432.6 million large loan, floating-rate CMBS up next that is backed by the property types du jour: lodging and retail.
December 8 -
Over $10 billion of U.S. collateralized loan obligations priced in November, bringing issuance for the first nine months of the year to record $115.4 billion, according to Thomson Reuters.
December 8 -
Moodys Investors Service expects a more diversified, larger Chinese securitization market in 2015, the rating agency said in a report today.
December 8

