The European Commissions proposed new Bank Recovery and Resolution Directive (BRRD) will have the most impact on covered bonds in 2014, becasue the bonds are not be subject to a so-called bail-in", said Standard & Poors.
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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
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First Investors Financial Service and Credit Acceptance are marketing a total $519 million of securities backed by subprime auto loans.
April 3 -
One Main Financial, a unit of Citigroup, is preparing its first securitization of subprime consumer loans, according to a presale report published by Standard & Poors.
April 3 -
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Freddie Mac's second offering of its STACR risk sharing notes of 2014 priced at signifcantly tighter spreads than its first deal issued in February.
April 2 -
Structured finance lawyer Lawton Camp has joined Kaye Scholer as a finance partner in its New York office.
April 2 -
The primary sponsors of commercial real estate collateralized debt obligations will continue to be mortgage REITs, according to JP Morgant.
April 2 -
Toyota Motor Corp., a leader in the production of hybrid gas-electric vehicles, has completed the first “green” auto loan securitization.
April 2


