Losses on subprime auto loan portfolios havent increased at nearly the same rate as delinquencies thanks to the increased regulatory scrutiny over subprime lending and securitization, says Standard & Poors.
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Skopos, an indirect lender, is readying its first term securitization of subprime auto loans with a credit rating.
October 27 -
TSB Bank, which is owned by Banco Sabadell, plans to offer a mix of euro and sterling denominated bonds under its newly minted U.K. master trust called Duncan Funding.
October 27 -
Freddie Mac is preparing its fourth offering of bonds offloading exposure to actual losses on mortgages that it ensures, according to Fitch Ratings.
October 27 -
SMBC Aviation Capital plans to sell $671.9 million of securities backed by a portfolio of aircraft leases.
October 26 -
Arby's is returning to the securitization market with seven-year bonds backed by the sponsor's existing and future franchise agreements, company-owned restaurant royalties, rental income on fee-owned properties and other intellectual property.
October 26
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Flagship Credit Acceptance, the subprime auto lender controlled by Perella Weinberg Partners, is in the market with a $450 million securitization, according to Standard & Poors.
October 26 -
The first securitization of single family rental properties, by Invitation Homes appears to be at risk of a maturity default.
October 26 -
A planned stranded cost securitization by the Puerto Rico Electric Power Authoritys would involve an unusual level risk, according to Moodys Investors Service.
October 23 -
A bipartisan quartet of House lawmakers introduced a bill Friday that would stop the Federal Housing Finance Agency from moving forward with its rule to establish new membership requirements for the Federal Home Loan Banks.
October 23 -
Issuance of ABS, MBS and CMBS for the year through October 23, 2015.
October 23 -
Hudson's Bay is securitizing a $846.2 million loan that is backed by a portfolio 24 Lord & Taylor and 10 Saks Fifth Avenue stores located in malls and freestanding locations in 15 states, according to Morningstar.
October 23 -
Cerberus Capital Management plans another securitization of re-performing residential mortgages.
October 23