Sava, the fifth largest operator a of nursing homes in the U.S., is in the market with a $260 million of senior notes backed by a two-year, floating rate mortgage loan that is secured by 167 skilled nursing facilities, according to Fitch Ratings.
-
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 -
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 -
-
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
