Non-traditional asset-backed securities led the issuance pipeline in a relatively quiet week, bringing volume for the asset class for the year to date to $10.2 billion, according to Standard & Poors.
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A initiative unveiled at the United Nations Climate Summit in New York this week could encourage more issuance of catastrophe bonds.
September 25 -
Commercial real estate lender Walker & Dunlop has expanded its recently added three originators to its conduit and high yield lending joint venture with Fortress Investment Group.
September 25 -
The restructuring proposal of Bradford & Bingley's Aire Valley RMBS master trust has prompted mixed reaction from two rating agencies.
September 25 -
RCI Banque, the financing arm for Renault Nissan Alliance, hired BNP Paribas, Societe General and HSBC to manage a 644 million ($820M) securitization of French auto loans.
September 25 -
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Volkswagen Leasing upsized a German auto lease securitization to 1 billion ($1.28B) from 723 million, and priced the deal this week.
September 24 -
Mortgages that do need meet new ability-to-repay rules are likely to be securitized only sporadically, according to participants at the ABS East conference.
September 24 -
Kabbage will offer online personal loans starting this week as it expands its product lineup and tries to compete head-on with the likes of Lending Club and Prosper Marketplace.
September 24 -
J.P. Morgan has launched a $483.5 million offering of residential mortgage-backed securities.
September 24 -
The Federal Reserve has made big losers out of ABS and RMBS structures because it doesnt consider them liquid high quality assets under liquidity coverage ratio rules implemented on Sept. 3, 2014.
September 23 -
In an audience poll of ABS East 2014 attendees at the Tuesday morning institutional investor general session, 55% expect the Federal Reserve to raise interest rates next year.
September 23 -
The latest single-asset commercial mortgage securitization to hit the market is backed exclusively by extended-stay hotels, according to a presale report published by Standard & Poors
September 23

