The private student loan market is dominated by large players, but some community banks are turning to a third-party tech company to help them get in the game.
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TSASC, a local development corporation, is preparing to issue $1.024 billion of debt secured by tobacco settlement revenues, which cigarette companies pay as part of their 1998 settlement with 46 states, including New York.
November 7 -
Apollo Aviation Group priced its third aircraft securitization on Friday, October 28, 2016.
November 7 -
Lending Club reported a smaller loss in the third quarter as the San Francisco-based marketplace lender sought to move beyond a scandal that interrupted its rapid growth.
November 7 -
Credit Suisse is marketing $767 million of bonds backed by 53 mortgage that are secured in turn by 199 commercial properties, according to rating agency reports.
November 7 -
Issuance of U.S. collateralized loan obligations climbed to $8.4 billion (via 17 deals) in October, the highest monthly figure since June 2015, according to Thomson Reuters LPC.
November 7
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The appetite for Fannie Mae and Freddie Mac credit risk transfer deals is growing on Wall Street.
November 4 -
Issuance volume of asset-backed securities for the year through November 4, 2016,
November 4 -
Underwriting league tables for asset-backed securities for the year through November 4, 2016.
November 4 -
OnDeck Capital reported its fourth consecutive quarterly loss on Thursday as investors bought fewer loans and the firm was forced to make costly adjustments to its business.
November 3 -
E-CARAT 7 PLC is the latest British auto loan securitization of new and used Vauxhall Motors-branded vehicle loans originated by GMACs UK affiliate. The UK trust will issue GBP £416.7 million (US$468.18 million) in three classes of senior and subordinate notes secured by the loans.
November 3 -
The number of new credit card accounts jumped 11% to 84.9 million in the second quarter while monthly purchase volumes also increased, according to a report by the American Bankers Association.
November 3 -
Park Hotels & Resorts, the real estate investment trust being spun out of Hilton Worldwide Holdings, is tapping the securitization market for a cash-out refinancing of two full-service hotels in San Francisco.
November 3



