As loan losses mount, the Federal Housing Administration will issue a financial analysis next week setting the stage for what could be its first draw from the U.S. Treasury.
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Wells Fargo and the Royal Bank of Scotland issued price guidance on the $1.2 billion commercial mortgage backed notes that are being offered publicly under WFRBS Commercial Mortgage Trust 2013-C11.
January 24 -
Price talk for Extended Stay’s $2.5 billion single-borrower CMBS deal show spreads may have widened some from the levels seen earlier this month.
January 24 -
The housing industry's positive reaction to the Consumer Financial Protection Bureau’s (CFPB) "qualified mortgage" rule, which governs mortgage underwriting, is prompting cautious optimism that a related securitization rule may also turn out better than expected.
January 24 -
Diamond Resorts completed its $93.56 million timeshare securitization, Diamond Resorts Owner Trust 2013-1.
January 24 -
CoreLogic today unveiled its bond assessment service for non-agency residential mortgage-backed securities (RMBS).
January 24
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Nationstar Mortgage plans a $900mn mortgage servicer advance asset-backed securitization this month, according to a Standard & Poor’s presale report.
January 24 -
American Realty Capital announced the senior management hires of Donald MacKinnon and Nicholas Radesca joined its debt capital markets and corporate finance team.
January 23 -
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Avolon plans to partner with Wells Fargo, to form a new joint-venture aircraft leasing business called Avolon Capital Partners Limited.
January 23 -
WE’RE HEARING there’s no easy way to get a high rating on an REO-to-rental securitization. But a strong sponsor helps.
January 23 -
Frequent issuer Credit Suisse Asset Management is planning a $747.5 million CLO; there's also a $474.9 million offering from Western Asset Management, which hasn’t come to market since the financial crisis.
January 23 -
Moody's Investors Service put the ratings of some $20 billion of tobacco settlement revenue bonds under review, saying an agreement over disputed payments could reduce cash flows.
January 23
