Over four fifths of the collateralized loan obligations reporting to Standard & Poors have at least one asset in their underlying portfolio that is not a loan.
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Flagship Credit Acceptance joined the line-up of subprime auto loan securitizations this week with its $266 million Flagship Credit Auto Trust 2014-1;
April 7 -
BMW is preparing a $1.0 billion securitization of auto leases, according to a presale report published today by Fitch Ratings.
April 7 -
Colony American Homes' single-family rental securitization priced at significantly wider spreads than the inaugural deal by Blackstones Invitation Homes in November.
April 4 -
Capital One Bank priced a total of $750 million of class A 2014-2 and class A 2014-3 notes from its Capital One Multi-Asser Execution Trust, according to an Interactive Data report.
April 4 -
Creating a one-size-fits-all approach to collateralized loan obligations does not harm Wall Street, it harms American businesses.
April 4
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SolarCity priced $70.2 million of solar asset backed notes issued via its SolarCity LMC Series II Series 2014-1.
April 4 -
Mercedes Benz Financial Services USA priced an upsized, $1.98 billion of auto lease securitization, according to a regulatory filing.
April 4 -
Capital One Bank is marketing a total of $750 milllion of class A 2014-2 and class A 2014-3 notes from its Capital One Multi-Asser Execution Trust.
April 3 -
Harley-Davidson plans a $650 million securitization of motorcycle loans, according to a deal prospectus filed with the US Securities and Exchange Commission.
April 3 -
A shift in focus by the two biggest subprime lenders, Santander and Americredit, from subprime to prime lending will give their smaller competitors room for growth, according to John McElravey, head of consumer ABS research at Wells Fargo Securities.
April 3 -
Here's a paradox of the U.S. economic recovery: credit-card borrowing remains roughly 30% below its precrisis level, even though revolving loans are cheaper than they've been in at least six years.
April 3 -
First Investors Financial Service and Credit Acceptance are marketing a total $519 million of securities backed by subprime auto loans.
April 3

