The triple-A rated notes issued from the sponsor's Discover Card Execution Note Trust are being talked in the swaps plus 25 basis point area.
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J.P. Morgan Chase plans to issue $1.2 billion of securities backed by a pool of 73 commercial mortgages loans that are secured by 84 properties. Four loans that represent 3.1% of the pool are secured by student housing properties.
June 26 -
The Office of the Comptroller of the Currency sounded the alarm again Wednesday about two key areas in which it sees heightened risks from expanding portfolios: indirect auto lending and leveraged lending.
June 25 -
Highbridge Principal Strategies is planning a $469 million collateralized loan obligation, according to a Standard & Poors presale report.
June 25 -
Ocwen Financial introduced a novel derivative financing structure with Freddie Mac's blessing early this year, offering a rare window onto a corner of the market that tends to operate privately.
June 25
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Securitization of very large commercial mortgages is picking up again, and so is the leverage in some of these deals.
June 25 -
CNH Industrial Capital America plans to issue its third equipment lease securitization of the year, according to a regulatory filing.
June 25 -
Ford Motor Credit Company LLC plans to issue a $400 million securitization of dealer floorplan loans.
June 24 -
Pricing on the senior tranche of Banca Popolare di Vicenza prime Italian residential mortgage-backed securitization tightened by 10 basis points from price talk.
June 24 -
American Express plans to issue $578 million of securities backed by credit card receivables in its second securitization of the year.
June 24 -
Theres little evidence to support that new RMBS issuers can, or will want to, repurchase problem bonds under Rep & Warranties provision, according to a Standard & Poors report.
June 24 -
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.
June 23

