The national mortgage delinquency rate continued its downward trend in the third quarter, dropping to 4.09% compared to 5.33% during the same period a year ago
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The issuer has structured super-senior AAA classes at 30.000% credit enhancement and a subordinate AAA rated class A-S with 22.375% credit enhancement.
January 28 -
Nelnet plans to issue $458.5 million of asset-backed securities backed by Federal Family Education Loan Program(FFELP)non-consolidation, consolidation and rehabilitated student loans.
January 28 -
The transaction, Kigoi 2013 B.V. ,is the second securitization of unsecured consumer loans originated by subsidiaries of Credit Agricole Consumer Finance Netherland B.V.
January 28 -
Trepp said that it is one of the investors in Mercatus credit scoring platform for commercial projects in the energy industry.
January 28 -
Ally Financial plans to issue a $671.14 million securitization of dealer floorplan receivables dubbed Ally Master Owner Trust, Series 2014-1.
January 27
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LCM Asset Management is marketing a $560 million collateralized loan obligation designed to comply with the Volcker Rule.
January 27 -
Scott Brown will be the firms next President beginning Feb. 3. He takes over the role from David J. Reilly, who remains Cornerstones Chief Executive Officer.
January 27 -
The $500 million deal called Exeter Automobile Receivables Trust 2014-1 has been assigned preliminary ratings by Standard & Poors.
January 27 -
Changes to Turkeys covered bond legislation are supportive of the credit ratings on these instruments, according to Moodys Investors Service.
January 27 -
Discover Financial Services plans to start offering loans that help college graduates consolidate and refinance their student debt sometime in 2014.
January 27 -
The deal dubbed Hyundai Auto Receivables Trust 2014-A adds $1.13 billion of prime auto loan-backed bonds to the pipeline.
January 24 -
The rising costs for banks to hold even low-risk, short-term loans courtesy of Basel III is a powerful incentive for them to offload their trade finance receivables into securitizations.
January 24