What's keeping private-label RMBS investors up at night, and what could attract more capital, setting the stage for a broader recovery.
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Chase Bank priced an upsized offering of $750 million of bonds backed by credit card receivables from its Chase Issuance Trust.
December 11 -
Exempt from the rule's definition of "covered funds" are foreign public funds, wholly owned subsidiaries, loan securitizations, qualifying asset-backed commercial paper conduits, and qualifying covered bonds.
December 11 -
Citigroup looks poised to make another run at selling OneMain; future funding could come from securitization of consumer loans.
December 10 -
Chase Bank returns to market with another $500 million credit card receivables securitization from its Chase Issuance Trust.
December 10 -
The commercial mortgage-backed security (CMBS) linked to a single borrower in New Yorks Garment District the 23-story Eleven Penn building priced according to data reported by Interactive Data.
December 10
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Nationstar priced the $144.5 million, triple-A rated class A notes issued under its RMBS deal, Nationstar Mortgage Loan Trust 2013-A.
December 10 -
The pool of loans in this conduit transcation have the highest average loan-to-value ratio of any recent CMBS rated by either Fitch or Kroll.
December 10 -
The Structured Finance Industry Group (SFIG) Las Vegas conference scheduled for Jan., is on track to be the largest securitization event of 2014 with an anticipated 5000 attendees.
December 10 -
Standard & Poors expects the credit quality of new issue commercial mortgage bonds to deteriorate in 2014 as the result of increased competition among lenders.
December 10 -
The seven largest student loan servicers can handle the bump in operating costs that will result from the new oversight of the Consumer Financial Protection Bureau (CFPB); but not the smaller servicers, Fitch Ratings said.
December 9 -
Wells Fargo and Royal Bank of Scotland are marketing a $1.03 billion deal; there's also a $1.1 billion offering fro Deutsche Bank and Cantor Fitzgerald.
December 9 -
The Long Island Power Company's $2.1 billion of bonds backed by payments from retail electric customers in its service is expected to price sometime this week.
December 9