Morgan Stanley and Bank of America are marketing a $1.2bn commercial mortgage-backed securitization deal.
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Newtek closed on $20.9 million of securities backed by small business loans; Guggenheim placed this issue with four institutional investors.
March 22 -
Only vulnerable super-senior classes in CMBS are exposed to the risk of interest shortfalls that affected the super senior class of Morgan Stanley Capital I, 2007-HQ13, according to Fitch Ratings.
March 21 -
Brean Capital today announced John Caladim and Jon Coleman as the latest additions to the Fixed Income team.
March 21 -
Fitch Ratings announced on Wednesday that the $190mn StratReal Industrial Portfolio I in BACM 2007-1 entered special servicing after struggling with weak underlying performance for two years.
March 21 -
The performance of securities backed by both prime and subprime U.S. auto loans improved in January, according to Fitch Ratings.
March 21
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U.K. prime RMBS investors may see loss severities decrease in U.K. RMBS deals as house prices stabilize on the back of a new housing initiative announced yesterday, according to a Barclays report.
March 21 -
- Europe
Kroll Bond Rating Agency said it’s been green-lighted by the European Securities and Markets Authority (ESMA) to operate in the European Union.
March 20 -
EverBank’s planned $308 million residential mortgage-backed securitization may offer investors access to a new issuer name; but the structuring stays in line with safe, prime quality deals that have dominates post financial-crisis market issuance.
March 20 -
Volvo priced $622 million of notes backed by transportation equipment loans and leases according to a person familiar with the transaction.
March 20 -
Barclays is preparing a $1 billion whole business securitization for CKE Restaurants, the parent company of Carl’s Jr. and Hardee’s, according to a person familiar with the situation.
March 20 -
JP Morgan is planning to issue a $616 million private label residential mortgage securitization, according to a presale report from Fitch Ratings.
March 20
