While Clean Power Finance and others are focused on residential solar financing, Mercatus (formerly SCS Renewables) has turned its attention to what it calls “the next big growth opportunity”: securitization funding for commercial and industrial solar projects.
-
Fannie Mae was able to extract an $11.6 billion mortgage-repurchase settlement from Bank of America this year — its largest to date — because the bank needed Fannie's approval to sell billions of dollars in servicing rights.
August 22 -
New Star Financial is marketing a $400 million middle market collateralized loan obligation.
August 22 -
Regulators have officially gone back to the drawing board in trying to implement Dodd-Frank Act restrictions on securitized mortgages.
August 21 -
Mitchell Glynn, Lucie Bonnieux and Ran Landmann have joined CVC’s European group and Caroline Benton has joined its U.S. operations.
August 21 -
-
Insight Wireless Group is marketing $177.5 million of securities backed by mortgages on cellular towers.
August 21 -
CNH Capital America's latest, $755.5 million equipment lease securitization priced wide of levels on its previous deal, which came to market in May.
August 21 -
The $885 million MBS settlement UBS reached with the government-sponsored enterprises may motivate more banks to fight lawsuits in court rather than pay excessive costs like this, according to Fitch Ratings.
August 20 -
While credit card issuance ran ahead of maturing deals in August, this trend is unlikely to hold for the rest of the year, said Wells Fargo analysts.
August 20 -
As refinancing volumes plummet, lenders are trying to extend the home financing boom by pitching adjustable-rate mortgages to borrowers, harkening back to the pre-crisis boom years.
August 20 -
Kroll Bond Ratings Agency said to expect more of the aggressive growth the market has seen since the liquidity crisis but also an increase in defaults and losses on the back of a rising rate environment.
August 20 -
Cabela's priced $350 million of credit card ABS, upsized from $291 million.
August 20

