Jim Thompson announced his new investment company, Preston Hollow Capital. Brian Prince replaces him as Orix's CEO and President.
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The amount of securities backed by credit card receivables that mature is poised to decline rather significantly in the next few years, according to Fitch Ratings.
March 10 -
AmeriCredit Financial Services is coming out with its first securitization of subprime auto loans of 2014 a $750 million deal with a number of tranches.
March 10 -
Wyndham Worldwide Corp. plans to issue $300 million of notes backed by timeshare receivables, according to a presale report published by Fitch Ratings.
March 10 -
Hyundai Motor Co. is prepping its fourth U.S. auto lease securitization, according to a presale report published by Fitch Ratings.
March 10 -
Macquarie Bank priced its $500 million of auto loan and lease backed securities, with spreads on some of the tranches inside of initial guidance.
March 7
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Consumer credit increased by $13.7 billion, or 5.3%, in January to $3.112 trillion, the Federal Reserve reported Friday.
March 7 -
New Residential Investment Corp., a real estate investment trust, is preparing to issue $1.96 billion of securities backed by mortgage servicing advance receivables.
March 7 -
Citibank is back with its third offering of notes backed by credit card receivables in three months.
March 7 -
J.P. Morgan now expects 2014 RMBS volume to fall short of the $15 billion it had anticipated at the start of the year; but risk-transfer deals by the GSEs could exceed expectations.
March 7 -
Santander Consumer USA plans to issue $764.5 million of notes from its Chrysler Capital Auto Receivables Trust.
March 6 -
Moodys Investors Service threw its hat into the ring, publishing its ratings methodology on single-family home rental securitizations
March 6 -
Nelnet priced its second deal of 2014. The $509 million transaction is backed by Federal Family Education Loan Program student loans.
March 6