The sale will result in an after-tax charge of approximately $900,00, or 12 cents a share, to the company’s fourth quarter net income.

Nothwithstanding the concern about some looser underwriting of commercial mortgage-backed securities, the CEO of Cantor Commercial Real Estate is very bullish about the potential for 2014 issuance.

The issuer's first transaction securitizes the cash flows generated by over 100 individual wind, solar and energy efficiency installations, all with investment grade obligors.

Banks and money managers are seeking further guidance on the impact of the Volcker Rule on collateralized loan obligations

Standard & Poor’s said Tuesday that it expects the performance of the collateral that backed commercial securitizations to remain stable in 2014.

The catastrophe bond market experienced near record issuance in 2013, leading to an all-time high level of outstanding of just over $20 billion, according to Fitch Ratings.

The A+ rated class of interest only five-year notes has a coupon of 3.9% and the A+ rated 10-year, amortizing notes a coupon of 5.3%.

Ocwen Financial's agreement to write down $2 billion in principal of the mortgage it services should not impact Fitch Ratings’ assessment of any of the bonds backed by these mortgages

Investors participating in a roundtable organized by Standard & Poor's remain keen on buying CLOs - especially in the primary market - but they are also wary of emerging risks linked to more leverage and covenant-lite loans in the pools.

Banks could end up holding more home loans on their balance sheets next year instead of selling them to Fannie Mae and Freddie Mac, the result of fee increases that are designed to increase the role of private capital in the mortgage market.

American International Group has issued $400 million of catastrophe bonds through its Tradewynd Re program.

The European Banking Authority will allow RMBS to be counted in the Liquidity Coverage Ratio as "high quality liquid assets".