Llyods TSB proceeded with a portion of its $8.7 billion of legacy non-agency RMBS paper on Thursday afternoon, selling the paper to four different groups.
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The City of New York priced its $91.4 million of tax lien securitization at 85 basis points over the Eurodollar synthetic forward curve (EDSF) for the 1.12- year, triple-A rated tranche.
August 8 -
JPMorgan Chase is preparing a $250 million CMBS deal called J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-ALC backed by assisted living facilities.
August 8 -
Three RMBS trustees, representing bondholders, filed a lawsuit to prevent Richmond from using eminent domain powers to seize mortgages and write down balances.
August 8 -
Jumbo lender Redwood Trust plans to acquire and securitize agency conforming loans, as well as participate in Freddie and Fannie risk-sharing transactions.
August 8 -
Despite improving transaction characteristics for container lease securitizations, the sector still faces some risks that could prevent deals from earning 'A' ratings, Fitch Ratings warns in a research report published today.
August 8
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Ally Financial lined up its third 2013 subprime auto asset backed securitization called Capital Auto Receivables 2013-3.
August 7 -
Oaktree Capital Group plans to issue a $260.5 million deal called ORES 2013-LV2 that is backed by a pool of non-performing loans and real estate-owned properties.
August 7 -
Citigroup plans to issue two credit card receivables securitications from its Citibank Credit Card Issuance Trust,
August 7 -
AmeriCredit priced its $877 million subprime auto ABS deal at tighter levels than Santander Drive Auto Receivables Trust 2013-4, the last subprime auto to come to market.
August 7 -
The Justice Department and the Securities and Exchange Commission have both filed civil lawsuits against Bank of America alleging that the financial institution defrauded investors about the riskiness of $850 million in residential mortgage-backed securities.
August 7 -
Kentucky Higher Education Student Loan Corp. is planning a $563 million securitization of federally-guaranteed student loans, according to a presale report from Standard and Poor's.
August 7 -
Goldman Sachs, Jefferies and Citigroup have lined up a $1.2 billion conduit CMBS deal that is backed by 84 commercial mortgage loans secured by 132 properties.
August 7