In a report today, Moodys Investors Service said that the outstanding volume of asset-backed commercial paper issued by U.S. conduits has risen for the first time since 2007, when the short-term securities slipped into a seemingly unstoppable decline.
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Wells Fargo priced $927 million of commercial mortgage securities via its Wells Fargo Commercial Mortgage Trust 2015-C27 series, according to a pricing document.
March 4 -
The share of borrowers pooled into Irish mortgage securitizations who have missed a payment should keep falling, according to rating agency DBRS.
March 3 -
Credit Suisse is marketing $1.2 billion of commercial mortgage backed securities in the issuers first conduit transaction backed entirely by loans it underwrote since the financial crisis.
March 3 -
Cabelas Credit Card Master Note Trust Series 2015-1 will offer approximately $375 million of securities backed by credit card receivables. Approximately $319 million of AAA rated class A notes will be sold over two tranches, one fixed and one floating rate, the rest will be retained by the issuer.
March 3 -
California Republic Bank plans to tap the securitization market with $350 million of bonds backed by a pool of new and used prime auto loans, according to a DBRS presale report.
March 3
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The U.S. Education Department, citing "inaccurate representations" to student-loan borrowers, will end debt-collection contracts with Navient and four other companies.
March 3 -
Morgan Stanley said New York Attorney General Eric Schneiderman intends to sue the company, alleging it misrepresented or omitted information when underwriting 30 subprime securitizations.
March 2 -
Macquarie Bank plans to issue $350 million of securities backed by a pool of Australian auto loans and leases.
March 2 -
Morgan Stanley plans to offer $545 million of securities backed by five large loans.
March 2 -
Issuance volume of asset-backed securities for the year through Feb. 27, 2015.
March 1 -
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American Homes 4 Rents latest transaction, AH4R SFR 2015-1, deals with one of the biggest risks inherent in single- family rental bonds: balloon repayment risk.
February 27
