Chinas State Council introduced a series of measures that support the countrys developing securitization market but it wont be enough to significantly boost issuance in the short-term, said Fitch Ratings.
-
Citigroup is prepping a conduit commercial mortgage-backed securitization for $867 million.
November 13
-
NXT Capital, a midldle market lender and CLO manager, has expanded its direct originations team by hiring Doug Vitek, John Mills and Daniel Green.
November 13 -
Hertz is marketing its third bond offering backed by fleet leases.
November 13 -
Lloyds Bank will offer a two-year, $750 million tranche in Penarth 2013-1.
November 13 -
The $247 million securitization is California Republic Bank's third deal since its debut deal in Nov. 2012.
November 12
-
Concern is mounting among investors and analysts that Nationstar, Ocwen Financial and Walter Investment are getting so big so quickly that they are becoming too difficult to manage.
November 12 -
Freddie Mac has purchased reinsurance for some of the same exposure to losses on residential mortgages that it has unloaded to investors through issuance of general obligation bonds.
November 12 -
Standard & Poors has assigned preliminary ratings to the upcoming deal called Fastnet Securities 9. Morgan Stanley is lead arranger on the deal.
November 12 -
A number (11) of European CLOs issued before the financial crisis are ripe for redemption, and this could free up loans to be used as collateral in new deals, according to Moodys Investors Service.
November 12 -
Analysts at Bank of America Merrill Lynch see value in "selectively" buying higher mezzanine tranches of asset-backed deals from issuers in the European peripheral countries. They think going down the capital stack in core country deals is a good idea as well.
November 12 -
Arranged by Citigroup, the deal is CNH's third equipment lease securitization this year.
November 12
-
Federal Home Loan Bank members are wary of nondepositories gaining access to district bank securitization programs..
November 12
