J.P. Morgan plans to sell $303 million of rated securities that are backed entirely by a pool of 15-year, prime, jumbo, fixed-rate mortgages under its securitization trust J.P. Morgan Mortgage Trust 2014-2.
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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 -
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The Consumer Financial Protection Bureau has ordered First Investors Financial Services Group to pay a nearly $3 million fine for reporting inaccurate customer credit information to the credit bureaus.
August 20 -
Consumer credit default rates continued declining to historical lows in July, according to S&P Dow Jones/Experian.
August 20 -
Americredit may price its $1 billion subprime retail auto loan ABS, AMCAR 2014-3 this week. Price guidance on the 2.3-year, class A-3 notes to be offered from Americredits Automobile Receivables Trust 2014-3 securitization is at 37 to 39 basis points
August 20 -
The always-important question of what Fannie Mae and Freddie Mac charge for loan guarantees is emerging as a central issue in the development of a stable housing finance market.
August 19 -
Ares Commercial Real Estate Corp. closed on a $309 million securitization of commercial real estate loans.
August 19 -
Delta Lloyds' latest Dutch residential mortgage securitization has an innovative work around to regulations that make it unattractive to use swaps to hedge interest rate mismatch.
August 19 - Europe
Even at the single-A level, bond insurance can have significant value, according to Fitch Ratings.
August 19