A growing number of borrowers are paying off their mortgage loans before their credit card debts, reversing a trend first seen in September 2008, according to a TransUnion study.
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Freddie Mac has long struggled to compete with larger rival Fannie Mae because the former's mortgage-backed securities trade at a discount to the latter's. Their new regulator may change that.
May 20 -
Standard & Poors does not want to take the blame for Europe's stagnant securitization market.
May 20 -
Newtek Business Services, a regular securitizer of small business loans, has added two senior executives, Susan Streich and Harold Gartner, to expand the compliance and factoring services that it provides to clients.
May 20 -
The Mortgage Bankers Association has cut its 2014 loan origination forecast to $1.05 trillion because home purchase loan application volume is well behind where it was this time last year.
May 19 -
The Clean Energy Finance and Investment Authority Connecticuts green bank, has completed the first securitization of a $30 million portfolio of commercial Property Assessed Clean Energy liens.
May 19
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Bank of America Merrill Lynch has cut its2014 forecast for issuance of commercial mortgage bonds in light of the unexpectedly slow start to the year.
May 19 -
Groupe Banque Populaire, Caisse DEpargne's 50 billion ($68.5 billion) RMBS program with a 10-year revolving period is the second French deal backed by mortgage securities to be issued this year, according to Standard & Poors.
May 19 -
Some of the first defaults have emerged on commercial mortgages securitized since the financial crisis, and they are primarily loans on multifamily properties, according to Fitch Ratings.
May 19 -
Exeter Finance Corp. and Westlake Services are planning to issue a total of $775 million of securities backed by subprime auto loans, according to rating agency presale reports.
May 19 -
View Thomson Reuters data on issuance for the year-to-date through May 16 for ABS, MBS and CMBS.
May 16 -
View the deals featured in ASR's Scorecard database that priced in the two weeks ended May 16.
May 16 -
Sprint Corporation plans to securitize its wireless service accounts receivables.
May 16

