Late payments on securitized commercial mortgages continued to climb in November, as they have for eight of the last nine months.
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DBRS, which recently expanded its scope of ratings coverage to include European corporates, has filled a new managing director role over its European structured finance team with the veteran analyst in commercial mortgage structured finance.
January 11 -
Total global funding raised by public companies for solar-sector energy projects fell to $9.1 billion in 2016, a 64% decline from 2015 investment levels, according to a report issued by a key industry consultancy.
January 11 -
A second round of Dutch residential mortgages is being securitized this week with the issuance of Euro-denominated notes backed by 157.73 million in non-conforming home loans underwritten by ELQ Portefeuille I B.V., a specialty lender in The Netherlands.
January 11 -
Discover Bank plans to issue $800 million of five-year notes backed by credit card receivables, according to regulatory filings.
January 11 -
Two Republican senators sent a letter to Vice President-elect Mike Pence calling for the removal of Consumer Financial Protection Bureau Director Richard Cordray
January 10
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Obvion, a Dutch mortgage lender owned by Rabobank, is kicking off 2017 with its 41st securitization of 1.19 billion in prime residential mortgages to homeowners in The Netherlands.
January 10
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Aetna Life is marketing its annual offering of catastrophe bonds offloading risk of medical claims.
January 10 -
CPS Auto Receivables Trust 2017-A is a $206.32 million asset-backed offering, the 24th overall for the indirect lender to troubled-credit borrowers whose FICO scores average 567.
January 9 -
Commercial mortgage lending by insurers rose slightly in the first half of 2016, though their allocations to the sector decreased slightly, according to the latest survey by the CRE Finance Council and Trepp
January 9 -
The number of homeowners underwater on their mortgage continues to shrink as the amount of tappable home equity grows, according to Black Knight Financial Services.
January 9 -
American Airlines is upsizing the carriers first enhanced equipment trust certificate issuance of 2017 to $983.2 million, covering the financing of 24 new aircraft joining Americans fleet over the next five months.
January 8 -
Former Jefferies LLC managing director Jesse Litvak "lied to his customers" about the prices of mortgage-backed securities, a prosecutor told jurors as the U.S tries for a second time to win a conviction that sticks.
January 8
