The qualified mortgage rule hasnt dissuaded some major banks to stop jumbo mortgage originations despite the increased risks tied to the product.
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Santander Consumer (UK) plans to issue a securitization of U.K. auto loan receivables that will be backed by a mix fixed-sum loans and personal contract purchase agreements.
March 25 -
In light of the recently solidified criteria for Qualified Mortgages, Moodys Investors Service has come out with a proposed methodology for mortgage-backed securities.
March 25 -
Bank of Nova Scotia plans to issue the first covered bonds from its registered covered bond program.
March 25 -
A growing number of home lenders are lowering their minimum credit scores in an attempt to boost origination volumes that have suffered as interest rates climb.
March 24 -
Deutsche Bank and Cantor Fitzgerald are marketing a $1.1 billion of commercial mortgage bonds backed by 56 loans secured by 84 properties.
March 24
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United Airlines is preparing to issue $949 million of aircraft enhanced equipment trust certificates, according to a regulatory filing.
March 24 -
The deal will offer $644 million in bonds backed by a pool of new and used automobile, light- truck and utility vehicle retail loans purchased by Ford Credit Canada Limited from dealers.
March 24 -
Colony American Homes hired Beth OBrien to lead its single-family lending unit, Colony American Finance.
March 24 -
Fitch Ratings will require additional credit enhancement on the 'AAA' rated tranches of residential mortage bonds backed by higher coupon qualified mortgage loans or non-qualified mortgage loans.
March 24 -
Goldman Sachs and Citigroup are preparing a $1.2 billion commercial mortgage backed securities conduit, according to a presale report published by Kroll Bond Rating Agency.
March 21 -
The Volcker Rule will cost U.S. national banks as much as $4.3 billion to implement, according to a study by the Office of the Comptroller of the Currency.
March 21 -
Hertz plans to issue a $400 million of bonds backed by fleet leases.
March 21
