Comenity Bank, formerly World Financial Network Bank, plans to issue $416.6 million credit card securitization deal backed by receivables from the issuers private-label credit card accounts, according to Fitch Ratings.
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Barclays analysts believe the regulators will find it hard to ignore a call last week by the European Central Bank (ECB) and Bank of England (BoE) to ease the rules governing securitization activity in Europe.
April 14 -
Mitsubishi Motors is planning a $215.1 million auto loan securitization, according to a presale report published by Standard & Poors.
April 14 -
The Mortgage Bankers Association has lowered its mortgage origination forecast again and it looks like 2014 could be the slowest year for the industry in 14 years.
April 14 -
Coldwater Creeks plan to close its doors by early summer should have minimal impact on CMBS performance; however the retailer is a top tenant in three conduit loans.
April 14 -
Kubota Credit Corp. is marketing its first-ever term securitization, a $300 million transaction backed by agricultural, construction and turf equipment loans.
April 14
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Santander Consumer USA is preparing its second subprime auto loan securitization of the year, according to a regulatory filing.
April 14 -
The pipeline of new collateralized loan obligations increased over the past week to $17.14 billion from $15.83 billion the previous week, according to Standard & Poors.
April 11 -
CARAT 2014-1 is Ally Financials sixth public transaction under the CARAT program since the financial crisis, according to presale report published by Moodys Investors Service.
April 11 -
A new public-private partnership including Citigroup and the Pennsylvania Treasury Department and U.S. Department of Energy will tap the securitization market to provide more affordable home energy loan financing across the U.S.
April 11 -
A bipartisan group of senators announced a deal Thursday to reauthorize and extend the country's terrorism risk insurance program, which is expected to be taken up by the Banking Committee in coming weeks.
April 11 -
Chase Bank upsized the 2014-A credit card securitization to $925 million from $500 million. The deal priced on Wednesday.
April 10 -
World Omni Financial plans an $849 million securitization of auto loans from its World Omni Auto Receivables Trust program.
April 10
