The U.S. Securities & Exchange Commission is seeking to suspend Standard & Poors from grading commercial mortgage bonds in what would be the agencys toughest action yet against a major credit rater, a person with knowledge of the matter said.
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Bank Deutsches Kraftfahrzeuggewerbe (BDK), a subsidiary of Societe Generale, is marketing Red & Black Auto Germany 3, a 740 million German auto loan securitization.
February 18 -
Springleafs first securitization of the year pools $601 million of secured and unsecured personal loans .
February 18 -
Social Finance, an alternative lender that has made its name in student loans, has branched out into personal finance.
February 18 -
Fannie Maes first risk share transaction of the year will offer $1.5 billion risk transfer RMBS.
February 18 -
NelNet plans to issue $566 million of securities backed by loans originated under the Federal Family Education Loan Programs.
February 18
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Delinquencies of new commercial mortgage-backed securities finished January at a post-recession low, according to Fitch Ratings.
February 17 -
Deutsche Bank pooled 67 fixed-rate commercial mortgage loans, secured by 81 properties to back a $1.4 billion called COMM 2015-DC1.
February 17 -
The scoop on emerging asset classes and regulatory outlook from the ABS Vegas conference.
February 17
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DriveTime Automotive Group plans to issue a $265-million securitization of subprime, used-vehicle loans.
February 17
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Thomson Reuters data on issuance of ABS, MBS and CMBS for the year through Feb. 13, 2014.
February 14 -
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Santander Consumer USA and CarFinance plan to issue a total of $1.3 billion of securities backed by subprime auto loans as both issuers deal with an ongoing U.S. Department of Justice investigation into their lending and securitization practices.
February 13
