CIT Asset Management is preparing a rare sterling-denominated CLO, according to a presale report published by Standard & Poor’s.
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Deutsche Bank and Cantor Fitzgerald priced the COMM 2013-CCRE13 conduit deal within priced guidance.
December 17 -
Citi and Santander have launched a program to securitize trade finance assets originated by the two banks; the inaugural $1 billion issue consisted of four classes of three-year notes.
December 17 -
Resource Capital priced a $260.8 million CMBS that is collateralized by a pool of 26 floating rate mortgage loans with $300.6 million current balance that are backed by 44 transitional commerical and multifamily properties.
December 17 -
Royal Bank of Scotland is prepping a CMBS backed exclusively by a $375 million loan on the property in Paramus, NJ.
December 17 -
Losses on the portfolios behind all U.S. auto loan securitizations tracked by Standard & Poors rose in October to the highest monthly level since January. Losses in the subprime segment hit their highest level since March 2010.
December 17
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Private equity firm Cerberus Capital Management is marketing its third collateralized loan obligation, according to a presale report from Moodys Investors Service.
December 17 -
Next year will be mixed bag for automobile lenders, with both delinquency rates and loan balances expected to rise, according to a forecast released Monday by the credit bureau TransUnion.
December 17 -
Both were backed exclusively by super regional malls, but one, backed by five Starwood Capital Group malls, priced wide of initial talk, while the other, backed exclusively by the Aventura Mall in Aventura, Florida, priced inside initial guidance.
December 16 -
The Long Island Power Authority (LIPA) priced its $2.138 billion utility bond securitization deal to strong investor demand.
December 16 -
The overall delinquency rate for loans backing commercial mortgage backed securities is expected to continue to decline in December and January on the back of large loan dispositions
December 16 -
Heavy supply has helped keep spreads on commercial mortgage bonds range-bound over the past couple of weeks, and J.P. Morgan.expects this to continue for the rest of the year.
December 16 -
When JP Morgan agreed to spend $4 billion in consumer relief as part of its $13 billion settlement with the U.S. Department of Justice, it also put investors in these mortgage bonds on the hook.
December 13
