J.P. Morgan priced the top rated portion of its JPMCC 2013-INN CMBS about 10 basis points wide to guidance.
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Wells Fargo and RBS priced the super-senior triple A class of WFRBS 2013-C18 in line with recent conduit pricing.
December 18 -
Newtek Business Services sold an additional $24.4 million of single-A rated securities from its small business loans trust.
December 18 -
Fitch Ratings expects the recent rate of improvement in U.S. residential mortgage bonds will moderate over the next year as home price appreciation slows.
December 18 -
The ratings agency said it plans to track performance measures such as charge-off rates, delinquency rollover rates, yields and excess spread to provide insight beyond the ratings.
December 18 -
The stricter lending requirements in the current environment will spell trouble for some of the $346 billion in CMBS loans slated to mature between 2014 and 2017, according to Trepp.
December 17
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Deutsche Bank and Cantor Fitzgerald priced the COMM 2013-CCRE13 conduit deal within priced guidance.
December 17 -
Citi and Santander have launched a program to securitize trade finance assets originated by the two banks; the inaugural $1 billion issue consisted of four classes of three-year notes.
December 17 -
Resource Capital priced a $260.8 million CMBS that is collateralized by a pool of 26 floating rate mortgage loans with $300.6 million current balance that are backed by 44 transitional commerical and multifamily properties.
December 17 -
Royal Bank of Scotland is prepping a CMBS backed exclusively by a $375 million loan on the property in Paramus, NJ.
December 17 -
Losses on the portfolios behind all U.S. auto loan securitizations tracked by Standard & Poors rose in October to the highest monthly level since January. Losses in the subprime segment hit their highest level since March 2010.
December 17 -
Private equity firm Cerberus Capital Management is marketing its third collateralized loan obligation, according to a presale report from Moodys Investors Service.
December 17 -
Next year will be mixed bag for automobile lenders, with both delinquency rates and loan balances expected to rise, according to a forecast released Monday by the credit bureau TransUnion.
December 17
