If the European Central Bank wants to provide more capital relief to Eurozone banks through its securitization-buying scheme than banks would get by holding on to their assets, it will have to snap up mezzanine tranches as well.
-
-
GE Capital named Steve Battreall president and chief executive of its Commercial Distribution Finance business, a leading provider of inventory financing.
February 4 -
A $1.8 billion commercial mortgage-backed security collateralizing a loan to the REIT Northstar Realty Finance is coming down the pike, according to a pre-sale by Fitch Ratings.
February 4 -
The loan financed the purchase by private equity firm Ivanhoe Cambridge of the Three Bryant Park office property in Midtown Manhattan announced in January.
February 4
-
Bank of America sized its first credit card securitization of the year at $1.1 billion, according to a regulatory filing.
February 4
-
Bank of America Merrill Lynch priced 286 million ($331 million) of securities backed by three private equity-sponsored commercial mortgage loans that are secured on 14 office and retail centers located in Italy.
February 4 -
JP Morgan plans to add $940 million to the growing pipeline of residential mortgage backed securities.
February 4 -
As part of its asset backed securities purchasing program (ABSPP) launched in November, the ECB is buying portions of senior tranches and encouraging market investors to join in.
February 3
-
Investors want residential mortgage bonds backed by riskier loans.
February 3 -
WinWater Home Mortgage is preparing another plain-vanilla private label residential mortgage securitization.
February 3 -
Resource Capital plans to issue its first CRE CLO of this year which collateralizes a pool of 20 floating rate mortgage loans worth $346.2 million that are secured on commercial, multifamily and hospitality properties.
February 3 -
Bank of America is following Wells Fargo by putting out for sale the last of its federally guaranteed student loans; it may well repurchase them one day if they are securitized.
February 3
