The resurgence of subprime auto lending has stoked fears about poor underwriting and drawn parallels to the subprime mortgage debacle , but a group of economists at the Federal Reserve Bank of New York say there is no reason to panic.
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Freddie Mac Brings 2 More deals to market sharing the credit risk in residential mortgages that it guarantees.
October 20 -
Issuance of RMBS, CMBS and ABS for the year through October 17 from Thomson Reuters,
October 18 -
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CNH Industrial Capital America priced $1 billion of securities backed by equipment leases.
October 17 -
General Electric Capital priced $500 million of securities backed by equipment dealer floorplan financing.
October 17
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The student lending industry argues that the problems the CFPB is finding in the market are more related to federal loans than private ones and disagree with the agency's push to allow student loans to be charged off in bankruptcy.
October 17
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Ally Bank priced $1.1 billion of securities backed by prime auto leases.
October 17 -
Citigroup and Goldman Sachs priced $652.3 million of commercial mortgage backed securities issued via the CGCMT 2014-GC25 conduit.
October 17 -
Pricing on Western Riverside Council of Governments' (WRCOG) HERO Funding Trust 2014-2 is cheaper than the issuers inaugural deal. The 10.6-year bond yielded 4% compared to 2014-1 , which issued very similarly structured notes and yielded investors 4.75%.
October 16 -
Volkswagen priced $1.0 billion of securities backed by auto loans, according to a regulatory filing
October 16 -
International commodities trading company Trafigura plans to issue a $300 million trade receivables securitization.
October 16 -
The leveraged loan market may have hit the pause button, but at least three U.S. managers were marketing collateralized loan obligations this week, according to rating agency presale reports.
October 16
