GE Capital Aviation Services Ltd. has structured a $169.5 million securitization backed by aircraft engine leases dubbed Fan Engine Securitization Series 2013-1.
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Navitas Lease Corp. has issued a debut $92.3-million deal backed by equipment loan and lease contracts, according to a company press release.
January 7 -
Final rules implementing the Volcker Rule remove many obstacles to securitization compared with the initial version.
January 7 -
Subprime/non-prime auto loan securitization is on the rise but a study by Transunion says that the outstanding volume for these loans is still below the pre-crisis level.
January 7 -
The costs of complying with the Consumer Financial Protection Bureau new servicing guidelines will drive further consolidation in the servicing industry, said Fitch.
January 7 -
Deutsche Bank is marketing its first commercial mortgage securitization of the year, according to a regulatory filing.
January 6
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ACE Limited, a property casualty insurance company, has established its second reinsurance sidecar under the Altair program.
January 6 -
Following a near-record year in over $7-billion of issuance in catastrophe bonds, industry players at a recent roundtable hosted by Standard & Poors sounded confident that investors new to the sector are not going to get cold feet if they lose money.
January 6 -
Spreads on commercial mortgage bonds could tighten early this month amid the temporary lull in supply, but analysts at JP Morgan believe that, longer term, supply could push new-issue spreads modestly wider.
January 5 -
U.S. ABS securitization issuance was $180 billion in 2013, down 3% from 2012, according to Thomson Reuters data.
January 3 -
The deals, one from Santander and the other from American Credit, add $1.2 billion to the consumer ABS pipeline.
January 3 -
The delinquency rate for Standard & Poors-rated CMBS fell 39 basis points to 7.92% in December.
January 2 -
The Loan Syndications andTrading Association wants federal agencies to consider an exemption for CLOs at the same time it considers one for Trups CDOs.
January 2