Discover upsized its first credit card securitization of 2015 by $450 million and sold a total of $950 million securities.
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In general, recently established formal programs for sales of NPLs by the GSEs could help improve the market for U.S. banks looking to sell their own loans, according to Fitch Ratings.
April 25 -
Issuance volume of ABS, MBS and CMBS for the year through April 24, 2015.
April 25 -
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Higher yielding properties in single-family rental securitizations also experience the highest vacancies, and ultimately lower annual rental cashflows, warns Morningstar.
April 24 -
Self-storage properties have always had bit parts in commercial mortgage bonds, but a deal being marketed by Credit Suisse and Bank of America Merrill Lynch gives them their own show.
April 24
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Freddie Mac's latest sale of risk-sharing bond was structured in a way that will help reduce the earnings volatility.
April 23 -
Entergy New Orleans expects that its upcoming bond backed by storm recovery fees will be between $88 million and $99 million, a company spokeswoman said by e-mail.
April 23 -
Credit Suisse is marketing its third RMBS deal this year called CSMC 2015-3..
April 23 -
Federal regulators fined mortgage servicer Green Tree Servicing $63 million in penalties and restitution on Tuesday, alleging that it mistreated borrowers at risk of foreclosure and failed to honor modifications of loans transferred from other servicers.
April 23 -
Redwood Trust's second residential mortgage backed deal this year includes 19 mortgages, or 3.7% of the pool, that fall outside of the qualified mortgage guidelines.
April 22 -
Some mortgage-bond investors are criticizing a change in Freddie Mac debt that increases the risk of loss from homeowners who can't afford their loans.
April 22



