Standard & Poors has cut its forecast for the issuance of non-agency mortgage-backed securities this year by a steep 40%.
-
Fitch Ratings is questioning the ratings assigned to the securitization of a single commercial mortgage secured by five Kyo-Ya hotel properties.
June 18 -
The deal, BAMLL 2014-IP, issued the $315 million class A, triple-A rated notes at a swaps plus 60 basis points, according to a person familiar with the deal.
June 18 -
Citigroup is preparing its first securitization of prime jumbo mortgages of the year, according to rating agency presale reports.
June 18 -
DRI Capital, a Canadian healthcare investment firm, is in the market with a $450 million securitization of drug royalty payments, according to a presale report published by Standard & Poors.
June 18 -
The bank sold RUB4.69 of senior securities backed by Russian residential mortgages at a coupon of 10.65%.
June 18
-
Rep. Randy Neugebauer, R-Texas, introduced a new plan Tuesday to modify and extend the Terrorism Risk Insurance Act.
June 18 -
America Railcar Leasing is preparing its second equipment lease securitization, according to a presale report by Standard and Poors.
June 18 -
Och-Ziff Loan Management LP priced an $824.75 million collateralized loan obligation after upsizing the deal from $600 million.
June 17 -
Container Leasing International is marketing a $291.4 million deal backed by a portfolio of containers.
June 17 -
Ford Moto Credit has priced $1.5 billion of securities backed by both new and used automobile, light-truck and utility vehicle retail contracts.
June 17 -
Banca Popolare di Vicenza plans to issue 929 million ($1.25 billion) of securities backed by prime Italian residential mortgages. The deal marks a return for the Italian bank, which hasn't issued an investor placed deal since April 2011.
June 17 -
The $558 million deal is backed by a floating rate, interest-only, loan that has a two-year term with three 12-month extension options. The issuer has also removed its cap on the aggregate percentage of eligible tenants (defined as tenants with a 40% rent to income ratio) in the latest transaction.
June 17