Ally Bank priced $1.1 billion of securities backed by prime auto leases.
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Cantor Fitzgerald hired Gary Wang and Karl Partch as managing directors in whole loan sales and trading.
December 17 -
Reinsurance Group of America (RGA) subsidiary Chesterfield Financial Holdings has closed a $300-million transaction backed by a closed block of life insurance policies, RGA said in a press release.
December 17 -
U.S. collateralized loan obligations have relatively low exposure to oil and gas, according to Standard & Poor's.
December 17 -
Credit Suisse teamed up with JP Morgan and Barclays to sell $1.4 billion of securities backed by 69 commercial mortgage loans that are secured by 94 properties.
December 17 -
Freddie Mac has purchased additional reinsurance for the mortgages that it guarantees via its Agency Credit Insurance Structures (ACIS) program
December 17
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The Russian ruble is in freefall its down more than 50% since January and interest rates are climbing on the back of the Bank of Russias aggressive efforts to shore up the embattled currency.
December 16 -
The amount of commercial and multifamily mortgage debt outstanding rose to a record high in the third quarter, according to data from the Mortgage Bankers Association
December 16 -
George Kok is set to join Morgan Stanley as a managing director in the banks Commercial Real Estate lending group.
December 16 -
CIFC Asset Management is in the market with its fifth collateralized loan obligation of the year, according to Fitch Ratings.
December 16 -
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.
December 15 -
Marketplace lender Social Finance may seek a larger initial public offering than initially planned, according to Chief Executive Mike Cagney.
December 15 - Europe
NewDay, a newcomer to the U.K. securitization market, has priced £293 million of bonds backed by credit card receivables.
December 15

