BofA has so far offered $15.8 billion in consumer relief under the national mortgage settlement. It expects to meet all of its financial obligations by the end of February, two years ahead of its deadline.
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Discover Bank priced the two series of note issuance from its credit card master trust, 2013-1 and 2013-2.
February 6 -
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Peter Albano is joining Oppenheimer & Co. Inc. as head of taxable fixed-income sales, overseeing mortgage-backed securities as well as high-grade corporate credits and institutional emerging markets.
February 6 -
Goldman Sachs plans to issue a $500million single-borrower CMBS backed by Kings Plaza Mall in Brooklyn.
February 6 -
Discover Bank is planning to issue $1 billion from is credit card master trust over two series of note issuance, 2013-1 and 2013-2.
February 6
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Morgan Stanley and Bank of America Merrill Lynch issued a $1.13 billion conduit, series 2013-C8 on Tuesday afternoon.
February 6 -
U.S. District Judge Jed Rakoff ruled that Flagstar Bancorp violated agreements with Assured Guaranty Municipal to follow its own underwriting guidelines; he ordered Flagstar to pay Assured $90 million.
February 6 -
Kroll Bond Ratings said it expects the first rated securitization of commercial property assessed clean energy (PACE) loans in 2013.
February 5 -
Avis Budget Group plans to sell $400 million of securities backed by auto leases, according to ratings agency presale reports.
February 5 -
IPFS Financing Corp. plans to issue a $400 million securitization that is backed by insurance premium finance loans.
February 5 -
Banks are marketing a $539 million collateralized loan obligation for LCM Asset Management and $513 million deal for Golub Capital, according to presale reports from Standard & Poor’s.
February 5 -
The Justice Department is suing credit rating agency Standard & Poor's for allegedly ignoring their own standards and rating mortgage investments much higher than they should have been in years leading up to the financial crisis.
February 5