Yes, subprime lending is picking up. But industry experts believe regulatory reform and new documentation requirements will prevent bubble-era style risk layering from re-emerging.
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Precise Mortgages plans to issue £235 million of securities backed by non-conforming U.K. mortgages, according to a Standard & Poors.
July 1 -
BMW plans to issue 800 million ($1.09 billion) of securities backed by a portfolio of German auto loan receivables.
June 30 -
U.K. buy-to-let lender Paragon Mortgages is planning its second securitization of this year, a £350 million transaction backed by a portfolio of buy-to-let mortgages.
June 30 -
CIT Aviation Finance is coming out with a $640-million, single-tranche deal backed by aircraft operating leases, according to a presale report by Fitch Ratings.
June 30 -
Judge Marcy S Friedman has been assigned to preside over the lawsuits filed earlier this month in the New York Supreme Court this month by RMBS investors against six trustees.
June 30
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Mercedes-Benz is planning its first auto loan securitization of the year, according to a presale report published today by Fitch Ratings.
June 30 -
Three issues of commercial mortgage bonds backed by a single borrower priced last week for a total of $2.6 billion.
June 30
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View Thomson Reuters data on issuance for the year-to-date through June 27 for ABS, MBS and CMBS.
June 27 -
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MidOcean Credit Partners plans to issue its third collaterized loan obligation, according to a presale report published by Standard & Poors.
June 27 -
The National Association of Insurance Commissioners will extend Morningstar Credit Ratings designation on the NAIC credit rating provider list to all mortgage-backed securities and asset-backed securities.
June 27 -
Golub Capital has refinanced part of a collateralized loan obligation originally issued in January 2012, according to rating agency reports.
June 27
