Subprime/non-prime auto loan securitization is on the rise but a study by Transunion says that the outstanding volume for these loans is still below the pre-crisis level.
-
Nelnet priced its second deal of 2014. The $509 million transaction is backed by Federal Family Education Loan Program student loans.
March 6 -
The Deutsche Bankled offering of securities backed by a portfolio of Property Assessed Clean Energy (PACE) bonds issued by Western Riverside Council of Governments (WRCOG) priced today according to a person familiar with the deal.
March 6 -
Consumer Portfolio Services plans a $180 million securitization of subprime auto loans. Its the subprime lenders first deal of 2014.
March 6 -
Toyota Motor Corp., a leader in the production of hybrid gas-electric vehicles, is prepping what may be the first "green" auto loan securitization.
March 6 -
-
Citibank issued $1.5 billion of notes from its Citiseries issuance trust last week, according to a regulatory filing.
March 5 -
Price talk on Australia's Macquarie Bank's $500 million auto loan securitization falls a few basis points wide of where the last prime auto loans ABS deal priced.
March 5 -
Benjamin Lawsky, head of New York's muscular Department of Financial Services, is raising concerns about the explosive growth of mortgage servicer Nationstar, claiming the company may have "capacity issues that put homeowners at risk."
March 5 -
Guggenheim Securities tapped hired Mario Verna as a managing director in its fixed income group, focused on CLO originations.
March 5 -
Santander Consumer Bank plans a 600 million securitization of German auto loans dubbed SC Germany Auto 2014-1 UG.
March 5 -
Discover Bank priced $850 million of three-year credit card-backed securities at 20 basis points over three-month Libor, according to a regulatory filing
March 5 -
JPMorgan Chase may be the quintessential New York money center bank, but the Big Apple is a rare market where it lags in multifamily lending.
March 4