The Justice Department is seeking to advance a more-than-five-year probe into whether Moody's Investors Service inflated ratings during the U.S. housing boom, according to three people familiar with matter.
-
Bank Of America Merrill Lynch and Wells Fargo plan to securitize a $1.4 billion loan that is secured by the MetLife Building in New York City.
April 8 -
B2R Finance, a company controlled by the Blackstone Group that lends to landlords, has priced its first rental securitization.
April 8 -
Nearly half of leases on the 45 retail properties that secure Wells Fargo and Citigroups latest large loan CMBS will expire before the loan itself matures.
April 8 -
Fannie Mae plans to sell pools of nonperforming single-family mortgages
April 8 -
The Federal Home Loan Bank of New York is partnering with an Atlanta-based company to provide members with a loan exchange platform to sell their conforming and jumbo mortgages.
April 8
-
Citigroup priced the 10-year super senior bond from its Citigroup Commercial Mortgage Trust 2015-GC29 at swaps plus 89 basis points plus
April 7 -
Credit Suisse plans to issue £265.5 million ($392 million) securitization of legacy mortgage assets originated by Edeus Mortgage Creators, Kensington Mortgage Co, Amber Homeloans and Paratus (formerly GMAC-RFC)
April 7 -
Clifford Chance partner Steven Kolyer weighs in on different strategies CLO managers are adopting for risk retention.
April 7
-
The deal, called Springleaf Trust 2015-B, is structured with a five-year revolving period, longer than any of issuers prior term securitizations.
April 7 -
A subsidiary of Chimera Investment Corp. has just closed a $268.7 million RMBS, according to a private placement memorandum obtained from a market source.
April 6 -
Nissan is readying its first auto loan securitization of 2015, according to a pre-sale from Fitch Ratings.
April 6
-
Glenn Costello, a structured finance veteran cited through the years in the pages of the Asset Securitization Report for his sharp analysis, particularly of residential mortgage-backeds, passed away on April 6.
April 6
