Mar 2, 2015 Morgan Stanley said New York Attorney General Eric Schneiderman intends to sue the bank over flawed underwriting in 30 subprime securitizations.
Mar 2, 2015 The Australian bank will issue the notes in U.S. dollar denominations via SMART ABS Series 2015-1USTrust, according to an offering circular.
Mar 2, 2015 Morgan Stanley is offering $545 million of securities backed by five large commercial mortgage loans.
Mar 1, 2015 Issuance volume of asset-backed securities for the year through Feb. 27, 2015.
Mar 1, 2015 Asset-backed securities that priced in the two weeks ended Feb. 27, 2015.
Mar 1, 2015 Underwriting league tables for asset-backed securities for the year through Feb. 27, 2015.
Feb 27, 2015 American Homes 4 Rents latest transaction, AH4R SFR 2015-1, deals with one of the biggest risks inherent in single- family rental bonds: balloon repayment risk.
Feb 27, 2015 Volkswagen priced an upsized $1.45 billion auto lease securitization and Hyundai is prepping to launch $964 million of securities backed by the asset class.
Feb 27, 2015 Ocwen Financial Corp., the mortgage servicer under attack for its handling of home loans, is being fired from overseeing debt backing two bond deals, according to notices sent to bondholders.
Feb 27, 2015 The firm had originally expected issuance to be as high as $120 billion as managers rushed to complete deals before risk retention rules take effect in 2016; so far that isn't really happening.
Feb 27, 2015 While historical losses for this agricultural equipment leases have been low, Fitch is concerned that farm income could be negatively impacted if commodity prices remain low for an extended period of time. This risk is exacerbated by the high concentration of agricultural equipment leases in the deal: 75%.
Feb 26, 2015 Morgan Stanley is securitizing the senior portion of a $300 million loan secured by the Graybar Building located on 420 Lexington Ave in New York City. The asset was previously securitized in the COMM 2001-J1A transaction.
Feb 26, 2015 Owner occupied home loans represent 86% of the pool. Most of the loans were originated by Kensington in 2007 and benefit from a long payment history that averages six years, with a weighted average remaining term of 16 years, according to Standard & Poors.
Feb 26, 2015 The Redwood City, Calif. company closed on the issuance of $112 million of two-year bonds secured by a pool of its installment loans in January.
Feb 26, 2015 The triple-A rated, 3.27-year senior tranche pays swaps plus 33 basis points, 6 basis points more than the 3.93-year senior tranche of Toyotas deal, which priced one day earlier.
Vice President of Regulatory Compliance
Firm: Clayton Holdings
In the news: How Ability-to-Repay Rules Could Reshape RMBS Market
The first deal of 2015 showed that investors want exposure to loans that are anything but the safest bets.Current Issue