Jan 23, 2015 Moody's Investors Services top rankings of U.S. CLO managers still includes many familiar names, but the usual suspects lost market share in the fourth quarter of 2014 to some medium-sized managers.
Jan 22, 2015 The deal, originally sized at $1.0 billion, priced just inside the previous prime auto loan securitization completed by Hyundai last week.
Jan 22, 2015 Volkswagen Bank said today that it sold two tranches from its Driver Thirteen, German auto loan securitization at the lower end of price talk.
Jan 22, 2015 Sequoia Mortgage Trust 2015-1, is backed by a pool of 478 30-year, fixed-rate residential mortgages with a balance of $338.7 million; just four, or 0.8% of the pool, do not qualify for safe harbor status under ability-to-repay rules.
Jan 22, 2015 The deal, AOA 2015-117, is collateralized by a $360 million, seven-year loan underwritten by Cantor Commercial Real Estate Lending, L.P. (CCRE) and German American Capital Corporation, a Deutsche Bank subsidiary, on Dec. 4, 2014.
Jan 21, 2015 An economy on the rebound and greater regulatory clarity are two leading catalysts. Another is the prospect of rising interest rates, which should make it more attractive to issue short-term debt to fund longer-term assets, such as consumer loans and other kinds of debt that will eventually be securitized.
Jan 21, 2015 A top U.S. executive at Honda Motor Co. said competitors are doing "stupid things" to boost auto sales, including making seven-year-long car loans that harm buyers.
Jan 21, 2015 The three loans Calvino Loan, Globe Loan and Fashion District Loan have an aggregate balance of 301.5 million.
Jan 21, 2015 The credit quality of the 2015-A loan pool is very strong and in line with previous SoFi deals. Borrowers have a weighted average credit score of 776, weighted-average annual incomes of approximately $142,000 and weighted-average monthly free cash flow of about $5,900.
Jan 21, 2015 Citigroup and Goldman Sachs are marketing the $1.2 billion CGCMT 2015-GC27; Deutsche Bank and Cantor Fitzgerald are behind the $1.2 billion COMM 2015-LC19.
Jan 21, 2015 As part of a settlement with the Securities and Exchange Commission and the New York and Massachusetts Attorneys Generals offices, the ratings agency is also paying $77 million in fines.
Jan 20, 2015 Standard & Poor's will be suspended for a year from rating bonds in one of its most lucrative businesses in a $60 million settlement with the U.S. Securities and Exchange Commission, according to a person with knowledge of the matter
Jan 20, 2015 Avis is marketing $600 million of securities backed by rental car and lease payments; Honda is offering $1 billion of prime retail auto loan-backed securities.
Jan 20, 2015 Investors in Structured Agency Credit Risk notes, some of them, at least, will now be paid for taking the first 100 basis points of loss when borrowers stop making payments.
Jan 20, 2015 Progress Residential 2015-SFR1, the issuers second deal, is backed by a two year loan that is structured with three 12-month extension options for a total term of five years. It will pay only interest throughout the entire term.
Vice President of Regulatory Compliance
Firm: Clayton Holdings
In the news: How Ability-to-Repay Rules Could Reshape RMBS Market
The $300 billion of CMBS maturing over the next three years will test the recovery of the capital markets.Current Issue