Total year-to-date non-agency prime jumbo RMBS issuance is up to $12.7 billion from $3.5 billion in 2013. Issuance for the asset class could grow as large as $35 billion in 2014.
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Bank of America is prepping its first credit card deal since 2010.
February 5 -
The fundamentals of equipment ABS are stronger than ever as lessons learned from the prior two recessions have resulted in quality and performance improvements which will help the asset class weather future economic downturns.
February 5 -
Most new collaterlized loan obligations have the ability to invest in bonds, but only if regulators clarify certain Volcker Rule language.
February 5 -
The CarMax deal saw some spread widening across the structure when compared to the last prime auto loan securitization to come to market on Jan 29.
February 5 -
The K-036 Certificates include two senior principal and interest classes, one senior interest-only class and one junior IO class.
February 5
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Freddie Mac is preparing its third offering of notes linked to the credit risk on mortgages that it insures.
February 5 -
A team assembled by ex-regulator Raj Date is preparing to launch a plastic card for Americans who don't qualify for mainstream credit.
February 5 -
The deal, which allows investors access to a non-traditional asset class, was upsized by $125 million to $500 million.
February 4 -
Moody's Investors Service has assigned provisional ratings of Aaa to the Series 2014-1 class A fixed rate notes and Baa2 to the class B fixed rate notes.
February 4 -
The securitization trust has one of the largest concentration of subprime collateral, according to Moody's Investors Service.
February 4 -
The Trepp delinquency rate decreased 18 basis points in January, marking the eighth straight month of improvement.
February 4 -
Commercial and multifamily mortgage originations will grow to $300 billion in 2014 a 7% increase from last year, according to the latest forecast from the Mortgage Bankers Association.
February 3