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Ford launched its upsized $1.43 billion auto floorplan ABS deal today within price guidance.
September 10 -
The European Central Bank said on Monday that some residential mortgage-backed securities and ABSs backed by loans to small and medium-sized enterprises not meeting its new loan-level reporting requirements could still be eligible for repo funding.
September 10 -
Barclays will pay $36.1 million to settle allegations that it financed, purchased, and securitized residential loans that were “presumptively unfair under Massachusetts law,” during the subprime mortgage meltdown.
September 10 -
Issuance of subprime auto-loan securitizations so far in 2013 is running slightly ahead of last year’s pace at this time, according to a note by Standard & Poor’s.
September 10 -
Avis Budget Group plans to sell rental car fleet securitization from its Avis Budget Series, according to a Moody’s Investors Service press release.
September 10
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Major League Baseball has issued $276.85 million of notes from its MLB Club Trust, according to Fitch Ratings.
September 10 -
Kroll Bond Rating Agency has put out a presale report on a $1 billion commercial mortgage-backed security (CMBS) known as WFRBS 2013-C16. The largest single loan is for $100 million and is secured by Westfield Mission Valley.
September 9 -
Exeter Finance Corp is marketing a $500 million subprime asset backed securitization backed by retail installment sale contracts for new and used autos and light duty trucks.
September 9 -
Participants expect most issuance of collateralized loan obligations will refinance existing deals, according to a survey by the Loan Syndications and Trading Association.
September 9 -
Sallie Mae lined up a $747 million Federal Family Education Loan Program (FFLEP) backed ABS deal.
September 9 -
HLSS Holdings is coming out with a $350-million securitization of servicer advances, according to a presale report by Standard & Poor's.
September 9 -
Freddie Mac plans to issue $1.3 billion in mortgage-backed securities. The notes are expected to price this week, according to a press release on the deal.
September 9