If the Securities and Exchange Commission bans Standard & Poors from rating commercial mortgage backed securities, as it is reportedly planning to, bonds backed by a single, large asset would be hit disproportionately, according to J.P. Morgan.
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A senior regulatory official on Wednesday continued the alarm bell over the brisk growth in auto lending, suggesting that some lending terms could be setting up banks for trouble
February 25 -
FirstKey's second RMBS offers the bell and whistles of the plain vanilla variety but its representation, warranty and enforcement framework falls short when compared to other post crisis jumbo RMBS.
February 25 -
Bank of America Merrill Lynch promoted two more executives from its collateralized loan obligation unit to top roles in global structured finance.
February 25 -
Wells Fargo pooled $1 billion of commercial mortgage loans to be issued via the WFCM 2015-C27 conduit, according to a Kroll Bond Rating Agency presale report.
February 25 -
Deutsche Banks $1 billion CMBS conduit called COMM 2015-DC1 priced on Tuesday in line with price guidance, according to a regulatory document.
February 25
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Toyota Motor Credit priced a $1.5 billion securitization of prime fixed-rate auto loans called Toyota Auto Receivables 2015-A, according to a regulatory filing.
February 25 -
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
