Fitch Ratings could put 20 commercial mortgage securitizations under review for a possible downgrade if Congress fails to renew government-sponsored terrorism reinsurance.
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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
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Ocwen Financial Corp., the mortgage servicer under attack for its handling of home loans, is being fired from overseeing debt backing two bond deals, according to notices sent to bondholders.
February 27
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Volkswagen priced an upsized $1.45 billion auto lease securitization and Hyundai is prepping to launch $964 million of securities backed by the asset class.
February 27 -
The U.S. collateralized loan obligation market is off to a slower-than-expected start, and this is causing market participants to lower their expectations for 2015 as a whole.
February 27 -
Weak commodity prices are creeping up as a concern in agricultural equipment lease securitizations.
February 27 -
Two more subprime auto lenders, Westlake Financial Services and Flagship Credit Acceptance, are making their first trips of the year to the securitization market.
February 26 -
Morgan Stanley is securitizing the senior portion of a $300 million loan secured by the Graybar Building located on 420 Lexington Ave in New York City.
February 26 - Europe
The Blackstone Group and TPG Special Situations Partners-owned U.K. specialty lender Kensington Group is marketing a £360 million ($554 million) securitization of nonconforming U.K. mortgages.
February 26 -
Oportun, a nonbank lender that targets Latino consumers, has completed its third securitization
February 26