The latest update to the Foreign Account Tax Compliance Act appears to grandfather most collateralized loan obligations issued before January 2013.
-
The transaction, STORM 2014-II, is managed by the issuers parent company, Rabobank International.
May 27 -
View Thomson Reuters data on issuance for the year-to-date through May 23 for ABS, MBS and CMBS.
May 24 -
-
NewMark Capital Funding is marketing its fourth collateralized loan obligation, according to a presale report published Friday by Standard & Poors.
May 23 -
Exeter Finance Corp. cleaned up the pool of subprime auto loans backing its latest securitization, driving down the cost of financing compared with its previous deal completed in January.
May 23
-
Principality Building Society plans to issue a comeback U.K. RMBS, three years after it first tapped the market via the Friary 2011-1 transaction.
May 23 -
Wells Fargo and the Royal Bank of Scotland priced $846 million of securities backed by commercial mortgages, according to a regulatory filing.
May 23 -
JPMorgan Chase and Wells Fargo are retaining more high-quality, conforming mortgages that they would normally sell to Fannie Mae or Freddie Mac, raising concerns that the banks are adversely selecting the weakest loans for the government-sponsored enterprises.
May 22 -
Invitation Homes' second securitization of single-family rentals is backed by properties with riskier tenancy, and it had to compensate investors accordingly.
May 22 -
-
Deutsche and UBS priced the $905.4 million COMM 2014-UBS3 at wider spreads than most recently pricing conduit, sponsored by Citigroup.
May 22 -
Deutsche Bank priced $734.6 million in securities backed by a first mortgage loan that is secured by the Grace Building, a midtown Manhattan high-rise office building, according to a pricing term sheet.
May 22
