Banks and other investors are once again lending CLO managers money to purchase collateral before these deals close.
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Congress should amend the bankruptcy code to permit borrowers to discharge student loan debt if their net monthly income is insufficient.
October 9 -
CNH Industrial Capital America is prepping a $1 billion equipment lease securitization,
October 9 -
CNH Industrial Capital America is prepping a $1 billion equipment lease securitization,
October 9 -
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Discover plans to issue $500 million of securities backed by credit card receivables from its credit card trust.
October 8
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Capital Automotive plans a $475 million securitization of leases on auto dealerships.
October 8 -
Citigroup has hired Garo Torossian as European head of distribution for RMBS, a newly created role at the bank.
October 8 -
Silverleaf Finance is making its annual trip to the securitization market with a $150.8 million deal backed by timeshare loans.
October 8 -
Demand for Toyotas senior bonds backed by prime, fixed rate auto loan receivables increased the offering size by over $86 million to $865 million, according to a deal document.
October 8 -
In another sign of strong demand by investors for nonperforming residential mortgages, the asset class is edging closer to more rated, public securitizations a rarity in this largely opaque market.
October 8 -
Timothy Yanoti, Fannie Maes former head of securitization, has been named president and a board member of American Financial Resources, an independent mortgage originator.
October 8
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Aegon priced 1.3 billion ($1.6B) in bonds backed by Dutch residential mortgages and ABN AMROs announced plans to issue additional securities from its Dolphin RMBS master trust.
October 7
