Northpoint Commercial Finance is marketing its first ever securitization, a $216 million transaction backed by dealer floorplan receivables.
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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
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The impact of falling oil prices has extended beyond the debt of exploration and production companies to some of their biggest creditors - collateralized loan obligations.
December 15 - Europe
Standard & Poor's may downgrade its credit ratings of seven U.K. CMBS transactions with exposure to Tesco if the supermarket operator's long- and short-term corporate credit ratings fall below investment grade.
December 15 -
Wells Fargo Commercial Mortgage Securities priced the super senior ten-year bond issued from the $1.1 billion conduit WFCM 2014-LC18, five basis point tight of the last deal that priced.
December 15 -
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.
December 12 -
New York's banking regulator has issued subpoenas to TD Bank and Santander over possible consumer abuses in the banks' subprime auto lending divisions.
December 12 -
The American Bankruptcy Institutes Commission to Study the Reform of Chapter 11 includes a number of proposals that could reduce recoveries for senior creditors, including collateralized loan obligations.
December 12 -
Deutsche Bank and Cantor Fitzgerald priced $824.8 million of commercial mortgage backed securities issued from the COMM 2014 - CCRE21 conduit.
December 12



