NewDay kicks off U.K. credit card securitization issuance with its NewDay Partnership Funding 2015-1, a securitization backed by credit card debt the issuer acquired from Santander in 2013.
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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
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Tricon Capital Group, which first entered the market in 2012 to acquire single-family homes via its U.S. platform, Tricon American Homes, now plans to follow the securitization path to reduce its cost of capital over the long term.
April 22 -
Investors Want Managers of collateralized loan obligations to Get Moving on Risk Retention
April 22 -
In total the three deals, all backed by credit card receivables, will total $2 billion.
April 22 -
The largest single-family home landlords plan to raise their rents as much as 5.7% this year as they shift focus from buying properties to boosting their bottom lines.
April 21 -
Five Oak Acquisition Corp is marketing the first residential mortgage securitization from its newly set up Oaks trust.
April 21 -
When it comes to rules requiring CLO managers to keep skin in the game of their deals, Credit Suisse is playing it safe.
April 21 -
Andy Barr, the GOP representative for Kentuckys sixth district and chair of the House financial services committee, is going to bat for CLOs again.
April 21



