Midgard Prosjekt I ASA (to be renamed Skandiabanken Boligkreditt) plans to offer NOK17 million ($2.05 million) of covered bonds backed by a NOK13 billion pool of Norwegian residential mortgages.
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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
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Fifth Third Bank is marketing a $750 million prime auto loan securitization, according to Fitch Ratings.
October 22 -
Two banking regulators approved a final rule Thursday to raise collateral requirements for uncleared swaps.
October 22 -
Morgan Stanley and Bank of America Merrill Lynch's latest commercial mortgage bond is backed by a pool with unusually low leverage relative to conduits issued so far this year, according to Kroll Bond Rating Agency.
October 22 -
Wells Fargo is marketing $988.4 million of securities backed by smaller commercial mortgage, but the collateral has many of the same features namely credit barbelling, as many recent deals.
October 22 -
nvestors taking on exposure to actual losses on mortgages insured by Fannie Mae appear to be doing their homework.
October 22 -
Springleaf's proposed acquisition of Citi's OneMain Holdings is being delayed by the Justice Department, which appears focused on preserving competition at the local level even as a raft of new subprime installment lenders are popping up on the Web
October 22 -

