Exeter Finance Corp. priced a $500 million securitization of subprime auto loan receivables last week at a blended average coupon of 3.13%
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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 -
New Residential Mortgage priced a $504 million pool of mostly re-performing residential mortgages.
December 12 -
International bank regulators finalized changes Thursday that will greatly diminish the role of external ratings agencies in weighting the risk of securitized assets in capital requirements.
December 11
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Wendy Cohn, managing director of Fitch Ratings, and Patricia Evans, vice president of Wilmington Trust will co-chair the Structured Finance Industry Groups Women in Securitization" Initiative.
December 11 -
Bank of America Merrill Lynch is marketing $615 million of commercial mortgage bonds backed entirely by extended stay hotels and select service properties.
December 11 -
Ally Bank priced another $1 billion of securities backed by auto loans that, while still prime quality, have weaker credit metrics than its previous securitization, in September.
December 11 -
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Allianz Global Investors is marketing a $413 million collateralized loan obligation, according to Fitch Ratings.
December 10 -
Educational Services of America is marketing $302 million of securities backed entirely by rehabilitated Federal Family Education Loan Program Stafford, PLUS, SLS and consolidation student loans.
December 10 -
Fannie Maes latest risk sharing transaction taps a new source of private capital: reinsurers.
December 10

