investors must be cautious about privately issued securities in a post-GSE era where the underlying loans are subjected to a particular lender’s underwriting and sourcing processes.
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Price guidance has been issued for Social Finances first peer-to-peer lending securitization deal.
December 11 -
Spirit, the Scottsdale, Ariz. triple-net lease REIT, is preparing a $330 million commercial net lease mortgage-backed securitization.
December 11 -
Issuers had engaged Standard & Poors to rate 32 collateralized loan obligations totaling $14.8 billion as of Nov. 29.
December 11 -
The Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to increase charges known as guarantee fees, or g-fees, that are embedded in the cost of home loans to protect investors from losses.
December 11 -
Chase Bank priced an upsized offering of $750 million of bonds backed by credit card receivables from its Chase Issuance Trust.
December 11
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Exempt from the rule's definition of "covered funds" are foreign public funds, wholly owned subsidiaries, loan securitizations, qualifying asset-backed commercial paper conduits, and qualifying covered bonds.
December 11 -
Citigroup looks poised to make another run at selling OneMain; future funding could come from securitization of consumer loans.
December 10 -
Chase Bank returns to market with another $500 million credit card receivables securitization from its Chase Issuance Trust.
December 10 -
The commercial mortgage-backed security (CMBS) linked to a single borrower in New Yorks Garment District the 23-story Eleven Penn building priced according to data reported by Interactive Data.
December 10 -
Nationstar priced the $144.5 million, triple-A rated class A notes issued under its RMBS deal, Nationstar Mortgage Loan Trust 2013-A.
December 10 -
The pool of loans in this conduit transcation have the highest average loan-to-value ratio of any recent CMBS rated by either Fitch or Kroll.
December 10 -
The Structured Finance Industry Group (SFIG) Las Vegas conference scheduled for Jan., is on track to be the largest securitization event of 2014 with an anticipated 5000 attendees.
December 10