Fitch Ratings assigned a preliminary AAA ratings to the class A notes of Pennsylvania Higher Education Assistance Agencys Federal Family Education Loan Program (FFELP) backed securitization and put the notes on ratings watch negative.
-
Nationstar Mortgage is further along in developing its origination capacity than Ocwen Financial and Walter Investment Management, according to a new report by Moody's Investors Service.
January 21 -
A record number of industry players meeting up in Las Vegas at the Structured Finance Industry Group (SFIG) and Information Management Network (IMN) debut securitization conference is sure to slow new issuance this week.
January 21 -
The $4.27 billion RMBS sale from the ING Illiquid Asset Back-up Facility (IABF) portfolio did not negatively impact secondary pricing or RMBS bonds this week.
January 17 -
Banks that want to keep their holdings of collateralized loan obligations will likely face an uphill battle getting these investments in compliance with the Volcker Rule, according to Wells Fargo.
January 17 -
The floating-rate commercial mortgage securitization, dubbed Annaly 2014-FL1, has been assigned preliminary ratings by Kroll Bond Ratings.
January 17
-
Sallie Mae priced an upsized, $994 million student loan securitization, according to a regulatory filing.
January 17 -
Chase Bank upsized its first credit card securitization of the year to $1.75 billion on Thursday, according to a regulatory filing. That was more than double the $750 million originally offered.
January 17 -
Ally Financial priced the subordinate tranches on its upsized $1.25 billion subprime auto loan ABS deal at wider spreads than Santanders deal issued last week.
January 16 -
Chase Bank plans to issue a $500 million credit card securitization that could be upsized based on investor demand.
January 16 -
The CMBS pipeline bulked up with the of a $1.1 billion conduit from Deutsche Bank affiliate German American Capital Corp. and a $620 million single-loan deal from Cantor Fitzgerald.
January 16 -
Two more collateralized loan obligations hit the new issue pipeline this week, despite uncertainty about the impact of the Volcker Rule on this market.
January 16 -
The series 2014-T1 and series 2014-T2 notes will offer notes ranging from AAA to BBB, according to a Standard & Poors presale report.
January 16