The portfolio comprises primarily of motor vehicle retail installment sale contracts and/or installment loans secured by new and used automobiles and light-duty trucks.

August 23
1 Min Read
Load More
  • The Federal Deposit Insurance Corp. announced that Oaktree Capital Management was the winning bidder for commercial real estate loans of the failed bank, Tennessee Commerce Bank .

    October 19
  • Regulators are moving forward with proposals to apply the corporate bond transparency system known as TRACE (Transaction Reporting And Compliance Engine) to the entire MBS and ABS markets,according to Saber Partners.

    October 19
  • Credit card securitizations almost exclusively consist of receivables of well-seasoned, high-quality cardholder accounts that have performed well despite persistently high unemployment, according to a Moody's Investors Service report published today.

    October 19
  • Santander Consumer Bank pre-placed its Svensk Autofinans 1— the first Swedish securitization of 2012.

    October 19
  • Europe

    The European Central Bank published details of its latest extension to collateral eligibility requirements, which will allow U.S dollar, U.K. sterling and Japanese yen collateral to be used in its monetary operations.

    October 19
  • The subordinated B-piece market has absorbed $1.6 billion in supply year-to-date, surpassing 2011's $1.5bn figure, according to Standard &Poor's.

    October 18
  • The Royal Bank of Scotland said in a report today that the Spanish financial entity established to take over risky loans, but not RMBS, will begin operations on Nov. 19, under the name of Sareb.

    October 18