Two Ohio utility rate reduction bonds that priced this summer rekindle a debate as to the appropriate benchmark for these securities.
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Three U.S. container lease securitizations that are currently marketing will add $671 million to the total volumes for the asset class, which is already ahead of the pace set last year, according to Standard & Poors.
November 6 -
Barclays announced today that commercial mortgage backed securities issued and backed by US agencies will become eligible for its US aggregrate and global aggregate indicies as of June 30, 2014.
November 5 -
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.
November 5 -
American Express is prepping a new credit card securitization worth $595 million, according to a presale from Fitch Ratings.
November 5 -
Price talk has been established on a $997.9 million of commercial mortgage bonds being offered by Goldman Sachs, Citigroup and Jefferies
November 5
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Fitch Ratings said that in September credit card charge-offs for securitized accounts dropped to lows only seen once before in the 23-year history of the ratings agencys indices.
November 5 -
American Electric Powers Appalachian Power via lead arranger Morgan Stanley and financial advisor Public Resources Advisory Group (PRAG) are out with price whispers on a $380 million utility tariff rate relief bond.
November 5 -
The deal, CIT's first this year, is one is backed by 29,644 small-ticket equipment lease contracts with a statistical contract principal balance of $529,676,998.
November 5 -
The latest two commercial mortgage securitizations to join the new-issue pipeline couldn’t be much more different.
November 4 -
By far the most prolific issuer of RMBS post-crisis, the REIT is readying a $325 million backed by prime jumbo mortgages.
November 4 -
“Direct exposure to either J.C. Penney or Sears is typically highest in seasoned deals where there are only a small number of loans remaining, and one is secured by a retail property,
November 4 -
JPMorgan may be trying to put the sins of the past behind it; however, put-back risk for the industry is alive and well despite efforts by the federal government to impose what it deems to be appropriate mortgage underwriting standards.
November 4