The servicer has a reputation for aggressively writing down principal, often multiple times.
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Enterprise Fleet Management plans to issue $801.2 million of notes backed by payments on a pool of open-end and closed-end vehicle fleet lease contracts they originated and service.
February 10 -
View year-to-date issuance through Feb. 28 for ABS, MBS and CMBS.
February 9 -
View the year-to-date manager rankings through Feb. 28 for the different ABS sectors, including real estate, credit cards, student loans, autos, and collateralized debt obligations.
February 9 -
The Basel Committee for Banking Supervisions second consultative document to revise Basel IIIs securitization framework, releasee a few days before Christmas, has not received the significant attention it deserves.
February 7 -
Fannie Mae priced its second offering of Connecticut Avenue risk-sharing notes at spreads that were significantly tighter than those of its inaugural issue in October of last year.
February 7
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There was no mistaking the dominant theme at ABS Vegas, the inaugural conference held Jan. 21-24 by SFIG and IMN: regulation
February 7 -
Mitsubishi UFJ Securities (USA), part of Mitsubishi UFJ Financial Group, made three appointments to its structured products team in New York.
February 7 -
Fitch Ratings is confident that the market can readily absorb the $16.4 billion of non-defaulted commercial mortgage loans maturing this year.
February 7 -
Michael Stegman, a counselor to the Treasury Secretary on housing finance, said the GSEs' recent profitability was misleading and does not lessen the need for housing finance reform.
February 7 -
Participants at an ABS Vegas 2014 panel struggled to explain how private label RMBS could become relevant to a broader range of U.S. consumers, although they took pains to sound optimistic.
February 7 -
GM Financial is taking advantage of the resulting spread compression to start securitization leases (both prime and subprime) and dealer inventory financing.
February 7 -
Players in the REO-to-Rental space see a bright future in pooling the cash flows of many operators into conduit transactions.
February 7