Fitch Ratings said today that it would “likely cap its ratings at the ‘A’ level” REO-to-rental securitizations.
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JPMorgan Chase is marketing a $535 million single borrower CMBS transaction that is backed the Fontainebleau Miami Beach, a 1,594 key luxury full-service resort located in Miami Beach, Florida.
January 9 -
The new-issue market for collateralized loan obligations is picking back up after a brief lull over the holidays, and it appears that investors are still demanding a premium from less experience mangers.
January 9 -
U.K. bank Lloyds priced its first covered bond since 2012 at the tight end of guidance.
January 9 -
Securitization veteran Pat Quinn is set to take over as managing partner at Cadwalader, Wickersham & Taft LLP, according to a company press release.
January 9 -
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Jim Thompson announced his new investment company, Preston Hollow Capital. Brian Prince replaces him as Orix's CEO and President.
January 8 -
The Financial Industry Regulatory Authoritys (Finra) proposal to disseminate pricing data for asset-backed securities faces push back from a major industry trade group, SIFMA.
January 8 -
Federal Home Finance Agency Mel Watts delays hike in guarantee fees charged by Fannie Mae, Freddie Mac.
January 8 -
The New York appellate courts ruling on when the clock begins on the statute of limitations for RMBS put-back claims will limit put-back payouts on new claims and on pending lawsuits with similar issues.
January 8 -
The $2.5 billion portfolio is composed of better performing securities and has a higher percentage of fixed-rate collateral than the bonds sold in December.
January 8 -
The triple-A notes priced in line with issuers latest deal but further down the curve spreads widened by 10 basis points.
January 7 -
He's now heading the firm's efforts in developing clients. McPherson had previously left NewOak several months after participating in its late-2008 launch.
January 7

