Regulatory hurdles, stability of counterparties, the re and warranties framework, exogenous variables, and technical factors all pose challenges to nonagency RMBS, according to Morningstar.
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JP Morgan plans to sell $415 million of commercial mortgage backed securities backed by a two-year, floating-rate commercial mortgage loan that is secured by Courtyard by Marriott hotels.
October 23 -
World Omni and Fifth Third priced nearly $2 billion of securities backed by auto loans on Wednesday.
October 23 -
Wider pricing spreads on Deutsche Bank and Cantor Fitzgeralds COMM 2014-CCRE20 show that CMBS continues to feel pressure from boarder market spread volatility.
October 23 -
Wyndham Worldwide plans to sell $325 million in securities that are backed by a pool of fixed rate timeshare loans.
October 23
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Chautauqua County in New York State plans to issue $33.4 million in tobacco bonds to refinance the series 2000 outstanding tobacco bonds.
October 23
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Risky mortgage lending may have triggered the financial crisis, but final risk retention rules go much easier on mortgages than securitizations of other kinds of assets.
October 22 -
Freddie Mac has priced two bonds that offload the risk of a reference portfolio of mortgages insured by agency.
October 22 -
Commercial vehicle maker Navistar plans sell $211 million of AAA securities backed by dealer floorplan receivables.
October 22 -
Citigroup Global Markets Realty Corp. is in the market with a $207.6 million deal backed by prime residential mortgages, according to presales from DBRS and Fitch Ratings.
October 22 -
This month ReadyCap Commercial completed its first securitization of small balance commercial mortgage loans; and Colony Financial began marketing $220 million of senior securities backed by the asset class.
October 22 -
Subprime auto lender Exeter Finance will have a new chief executive in two weeks.
October 22
