Santander Consumer Bank S.A. plans to issue its first public Polish securitization a PLN1.4 billion ($46 million) transaction that is backed by a portfolio of Polish auto and rental-purchase loans.
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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
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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 - Europe
The CLO new issue pipeline is finally slowing down from its breakneck pace of recent months.
August 18 -
AmeriCredit is venturing out with one of the first subprime auto loan securitizations since word of the Department of Justices probe of underwriting practices.
August 18