Rialto Capital Management plans to securitize the recoveries from non-performing loans, performing loans and real-estate owned properties that have an aggregate unpaid principal balance of $319.2 million.
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The protection commercial mortgage-backed securities sellers must provide in order to obtain higher ratings for their bonds is likely to cost them even more going forward, said Fitch Ratings.
January 22 -
Michael Stegman, a counselor to the Treasury Secretary on housing finance, said the GSEs' recent profitability was misleading and does not lessen the need for housing finance reform.
January 22 -
Alexandra Margolis joins Nixon Peabody as partner in the firms Commercial & Structured Finance practice.
January 22 -
Mitsubishi UFJ Securities (USA), part of Mitsubishi UFJ Financial Group, made three appointments to its structured products team in New York.
January 22 -
The class 2014-A1 notes are structured with a longer tenor than the last two credit card deals to price this month.
January 22
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Price guidance throughout the whole capital structure holds steady for the Goldman Sachs and Citigroup conduit.
January 22 -
More community banks are coming forward to say the recent change to the Volcker Rule failed to shield them from financial hits.
January 22 -
View year-to-date issuance through Jan. 24 for ABS, MBS and CMBS.
January 21 -
View the year-to-date manager rankings through Jan. 24 for the different ABS sectors, including real estate, credit cards and autos.
January 21 -
Standard & Poors said in a report that covered bonds ratings remain vulnerable to country risk despite the more stable economic conditions in Europe.
January 21 -
Citibank is marketing a credit card securitization sized at $850 million credit card ABS that will bring year to date issuance for the asset class to $3.4 billion.
January 21 -
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