A $165 million cash settlement has been reached in a class-action lawsuit that alleged investors were misled about the safety of mortgage-backed securities comprised of loans originated by now-defunct subprime lender NovaStar Mortgage Inc.
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Bayview Asset Management is bundling bonds that Fannie Mae and Freddie Mac use to transfer the credit risk of mortgages into collateral for new bonds.
April 19 -
Two PACE program administrators, Ygrene Energy and Renew Financial, picked the same day to launch their first securitizations of the year.
April 19 -
Navient is hopeful that its purchase of $6.9 billion of student loans from JPMorgan Chase could encourage other banks to consider selling their portfolios.
April 19 -
Massachusetts Mutual Life Insurance is marketing an unusually large offering of bonds backed by equipment loans and leases.
April 18 -
Supreme Court Justices appeared exasperated with both sides in a case that would define whether companies that buy distressed debt are covered under a federal statute setting limits on their activities.
April 18
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The Toronto-based lender is planning to sell debt backed by nearly C$2 billion ($1.5 billion) of prime uninsured mortgages. That's a new development in a country where big banks have historically packaged government-insured mortgages into bonds.
April 18 -
The first new commercial mortgage securitization to hit the market in two weeks is backed by a portfolio of cold storage facilities.
April 18 -
Air Lease Corp. is making its first trip of the year to the securitization market with $344.7 million of notes backed by leases on older aircraft.
April 17 -
Is New Residential running out of rights to exercise clean up calls on older, private-label mortgage securitizations?
April 17 -
Fintech companies can help consumers and small businesses obtain credit at lower costs, but it is critical to ensure that these innovative companies do not harm borrowers with predatory or discriminatory lending practices.
April 17 -
Issuance volume of asset-backed securities for the year through April 13, 2017.
April 14



