A federal appeals court ruling has opened the door for litigants to challenge a 2012 decision by the U.S. government to sweep all of Fannie Mae and Freddie Mac's profits into the coffers of the Treasury Department
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Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.
March 6 -
U.S. CLO new issue bounced back in February with 15 deals coming to market for a combined total of $8.1 billion, according to Thomson Reuters LPC.
March 6 -
Subprime auto lender Westlake Financial Services is hoping asset-backed investors can stomach a bigger dose of regulatory risk.
March 6 -
Multifamily is one of four lending subcategories that regulators consider when assessing a banks exposure to commercial real estate. Dozens of banks remain above regulators preferred capital ratio for measuring CRE risk.
March 6
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Avis Budget Car Rental is piecing together the markets second rental-car fleet transaction of the year in a $500 million transaction.
March 5 -
ECMC Group is marketing another $409 million of notes backed by federally guaranteed student loans that were once delinquent but are now making timely payments.
March 5 -
Cohen Financial Services is readying a $567.4 million offering of bonds backed by mortgages on office, retail and apartment buildings in a state of transition.
March 5 -
Verizon has launched its third overall securitization of device payment plan (DPP) receivables with a $1.29 billion notes offering carrying slightly heavier risks for investors than its first pair of deals in 2016.
March 5 -
Issuance volume of asset-backed securities for the year through March 3, 2017.
March 3 -
GM Financial and Toyota Motor Credit wasted no time in returning to the securitization market following the conclusion of an industry confab in Las Vegas; the two are marketing nearly $3 billion of prime auto-related bonds.
March 2 -
PGIM is placing its first collateralized loan obligation offering of the year with an tilt toward lower-quality credits, as well as deferred interest across a large segment across the subordinate tranches of the $612 million transaction.
March 2




