The Trepp CMBS delinquency rate held at 9.71% in December 2012, unchanged from the previous month.
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General Electric Capital Corp. priced $900 million of notes backed by credit card notes backed by credit card receivables on Tuesday afternoon, according to a U.S. Securities and Exchange Commission filing.
March 20 -
Container Applications is planning to sell $229 million of notes backed by container leases, according to a presale report published by Standard & Poor’s.
March 19 -
Single asset/single borrower deals continue to dominate the CMBS pipeline this week with another two deals, for a combined $1.43 billion planned this week.
March 19 -
Fifth Third Bank is in the market with $500 million of notes backed by prime retail auto loans, according to rating agency presale reports; it is the lender's first securitization since 2008.
March 19 -
Standard & Poor's preliminarily rates the $252m senior piece single-A.
March 19
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The private student loan default rate remains higher than pre-recession levels despite decreasing year over year in 2013, according to Moody’s Investors Service.
March 19 -
Volvo plans to issue $662 million of notes backed by transportation equipment loans and leases according to a presale report published by Moody's Investors Service.
March 19 -
Rialto Capital is prepping a $213.6 million deal backed largely by non-performing commercial mortgage loans, according to pre-sales from Kroll Bond Ratings and Moody's Investors Service.
March 18 -
Greater use of credit bureaus by Russian originators is a credit positive for securitizations in that country.
March 18 -
The catalysts were changes in the models used by Fitch, adverse selection in older mortgage pools, and the sovereign crisis in Europe.
March 18 -
General Electric Capital Corp. is planning to issue $757 million of notes backed by credit card receivables, according to a presale report published today by Fitch Ratings.
March 18 -
Wells Fargo plans to issue a $310 million single borrower CMBS transactions that won't include a third party guarantor to cover "bad-boy" acts.
March 18
