Oct 24, 2014 – The securitization trust is backed by a single, $775.1 million loan secured by mortgages on 4,048 single-family residences with a total value, based on broker price opinions, of $981.8 million, according to a presale report published by Kroll Bond Rating Agency.
Oct 24, 2014 – The $200.8 million Textainer Marine Containers III, Series 2014-1 will issue a single tranche of notes with a preliminary ‘A’ rating.
Oct 23, 2014 – Rising interest rates could reduce an important form of credit enhancement for U.S. collateralized loan obligations, potential putting them at risk for downgrades in their credit ratings, according to Moody’s Investors Service.
Oct 23, 2014 – JP Morgan plans to sell $415 million of commercial mortgage backed securities backed by a two-year, floating-rate commercial mortgage loan that is secured by Courtyard by Marriott hotels.
Oct 23, 2014 – World Omni and Fifth Third priced nearly $2 billion of securities backed by auto loans on Wednesday.
Oct 23, 2014 – The super-senior 10-year priced at swaps plus 91 basis points, four basis points wider than a similar tranche of the Citigroup/Goldman conduit, CGCMT 2014-GC25, which priced last week.
Oct 23, 2014 – Wyndham has increased the volume of longer term loans in 2014-3 pool —approximately 5.0% of the pool is comprised of 15-year loans compared to only .24% of the 2014-2 transaction pool.
Oct 23, 2014 – Chautauqua County in New York State plans to issue $33.4 million in tobacco bonds to refinance the series 2000 outstanding tobacco bonds, according to a Fitch presale report.
Oct 22, 2014 – Risky mortgage lending may have triggered the financial crisis, but final risk retention rules go much easier on mortgages than securitizations of other kinds of assets.
Oct 22, 2014 – The deal with a higher average loan-to-value ratio had two tranches price 25 basis points wider.
Oct 22, 2014 – Commercial vehicle maker Navistar plans a securitization of dealer inventory receivables; the $211 million senior tranche is rated 'AAA' by DBRS.
Oct 22, 2014 – Some 71.7% of the loan pool behind Citigroup Mortgage Loan Trust 2014-J2 consists of qualified mortgages (QM). The other 28.3% are not subject to QM.
Oct 22, 2014 – ReadyCap has completed its first securitization of small balance commercial mortgage loans and Colony Financial is marketing $220 million of senior securities backed by the asset class.
Oct 22, 2014 – Thomas Anderson, who has worked at Capital One Financial and Sallie Mae, will take over as CEO on Nov. 3, the Irving, Texas, lender said Tuesday.
Oct 22, 2014 – A $171 million tranche of 'A'/'A' rated, 2.9-year notes yield 3.117% and a 3.4-year tranche of notes, rated ‘BBB-’/ ‘BBB-’ yield 4.25%.
Vice President of Regulatory Compliance
Firm: Clayton Holdings
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