American Express plans to issue $578 million of securities backed by credit card receivables in its second securitization of the year.
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U.S. life insurance companies substantially increased their holdings of collateralized loan obligations between 2011 and 2013, according to Fitch Ratings.
August 25 -
Bank of America Merrill Lynch has increased its forecast for issuance of bonds backed by airplane and railcar leases and timeshare loans and other non-traditional asset classes for 2014 by $5 billion to $20 billion.
August 25 -
On Wednesday the Securitization and Exchange Commission will consider whether to adopt rules revising the disclosure, reporting and offering process for all things asset-backed.
August 25 -
View Thomson Reuters data on issuance for the year to date through August 22.
August 24 -
Volkswagen Financial Services plans to issue a securitization backed by U.K. auto loans, according to Standard & Poors.
August 22
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Regulatory hurdles, stability of counterparties, the re and warranties framework, exogenous variables, and technical factors all pose challenges to nonagency RMBS, according to Morningstar.
August 22 -
Ally Financial plans to issue $750 million of securities backed by retail auto loans, according to a deal document.
August 22 -
Bank of America Corp. will pay $16.65 billion to end federal and state probes into mortgage bond sales, the Justice Department said.
August 21 -
Ford Motor Credit priced some $1 billion of notes backed by dealer inventory financing, according to a regulatory filing.
August 21 -
RBC Capital Markets is the lead underwriter on John Deeres latest $1 billion securitization of equipment loans and leases.
August 21 -
AmeriCredit priced $1 billion of securities backed by subprime retail auto loans at pricing spreads that were mostly wide of the issuers previous deal.
August 21 -
