The overall delinquency rate for loans backing commercial mortgage backed securities is expected to continue to decline in December and January on the back of large loan dispositions
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Sallie Mae priced a $676 million private student loan securitization this week. It is the issuers first deal of the year backed by the asset class.
February 25 -
JPMorgan Chase is scaling back its mortgage products as the market cools.
February 25 -
Barclays Bank Delaware is prepping $633-million credit card securitization, according to a filing with the Securities and Exchange Commission.
February 25 -
Losses in both prime and subprime auto loan securitizations rose in January, but asset performance should improve in February and March, according to Fitch Ratings.
February 25 -
Citigroup and Goldman Sachs are lead managers on the latest CMBS conduit to come to market that will offer $879 million of notes backed by 78 fixed-rate commercial mortgage loans.
February 25
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U.K.-based investment manager Venn Partners is planning to establish a Dutch RMBS issuance platform to fund new mortgage lending.
February 25 -
Three deals backed by consumer debt add $1.8 billion to the primary securitization pipeline this week. Year-to-date, issuance stands at $28.5 billion, roughly $3.5 billion behind last years figure, according to Wells Fargo.
February 24 -
A $679-million equipment-loan deal from Volvo is rounding the bend, according to a pre-sale report from Standard & Poors.
February 24 -
Analysts at J.P. Morgan have adjust mid-year spread targets tighter for both legacy and new-issue CMBS ;they still expect that legacy CMBS can outperform new issues.
February 24 -
Ray Gatten is credited with developing the first peer-to-peer consumer loan securitization while at National Alliance Securities; Philip Toth is a veteran of the same firm. .
February 21 -
The strong growth in U.S. CLO issuance in 2013 didnt do much to shake up Moody's manager league tables, in part because so many deals came from new entrants.
February 21 -
How to Judge the Senate Banking GSE Reform Bill
February 21
