The chief executive officer of Exeter Finance responds to critics who argue that it's become too easy for Americans with low credit scores to finance a car purchase
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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 -
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
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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 -
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




