A bankruptcy court judge sunk investors' hopes in their latest lawsuit against Lehman Brothers, which they claim broke contracts in junk mortgage-backed securities sold during the bubble years.
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State attorneys general continue to aggressively investigate Ocwen Financial's mortgage servicing practices, but they are also mindful that too much enforcement could cripple the company and cause major headaches for millions of homeowners whose loans Ocwen services.
February 24 -
3i Debt Management, one of the biggest managers of European collateralized loan obligations, has closed on its first U.S. deal of the year.
February 24 -
Toyota Motor Credit Company is marketing a $1.25 billion securitization backed by prime fixed-rate auto loans called Toyota Auto Receivables 2015-A, according to Standard & Poors
February 24 -
Quicken Loans originated the biggest share of mortgages backing the latest two prime, jumbo RMBS being marketed by Credit Suisse and WinWater Home Mortgage.
February 24 -
American Homes 4 Rent upcoming single-family rental deal is backed by a loan with a 30-year term that has an anticipated repayment date of 10 years.
February 24
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Financial services firm Radian Group has hired Clifford Rossi to be its chief economist and senior vice president.
February 24 -
Blackstone plans to securitize the senior portion of a $2 billion, floating-rate loan backed by its Motel 6 loan portfolio.
February 23 -
The issuer is marketing approximately $506 million of securitizes backed by subprime auto loan receivables, according to DBRS.
February 23 -
Ocwen Financial has tentatively agreed to sell a mortgage-servicing portfolio on $9.8 billion of loans to Nationstar Mortgage Holdings, and Ocwen hinted that more deals may be in the offing
February 23 -
Equipment lessors, Ascentium, CNH Capital and GE Capital turned to the securitization to fund over $1.7 billion of equipment lease asset backed securities.
February 23 -
Volkswagen is marketing a $1 billion securitization of auto leases, according to a presale report published by Fitch Ratings.
February 23 -
Springleaf Financial priced an additional $559 million of its personal consumer loans bond based on investor demand.
February 20


