Ford Motor Credit wants to further reduce its reliance on the asset-backed market, according to Sam Smith, director of long-term funding and securitization.
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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 -
President Obama ended his administration's self-imposed blackout regarding housing finance reform on Tuesday, finally endorsing a specific approach after effectively punting on the issue more than two years ago.
August 7 -
The Obama administration will be calling on Congress to pass legislation that would allow Fannie Mae, Freddie Mac or Federal Housing Administration to refinance underwater loans in private label securities.
August 6 -
The hunting, fishing and camping retailer Cabela plans to issue $291.75 million of asset-backed notes from its credit card master note trust, according to Standard & Poor’s.
August 6
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The use eminent domain to seize underwater mortgages out of RMBS trusts would spell trouble for bondholders; but lcities may turn to other options to help homeowners.
August 6 -
Frederick Buffone joined Fifth Street Management as a managing director and head of capital markets, according to a company press release.
August 6 -
Highbridge Principal Strategies is marketing a $378.5 actively-managed collateralized loan obligation
August 6 -
The government-sponsored enterprises’ risk sharing bonds treatment under Basel III international accounting standards will ultimately affect bank investors’ appetite for them, according to Fitch Ratings.
August 6 -
Apollo Credit Management is planning two actively-managed collateralized loan obligations. One for $775 Million dubbed ALM VII(R), and the other for $843.85 million dubbed ALM VII(R)-2, according to Standard and Poor's presale reports.
August 5 -
MassMutual Asset Finance plans to issue a $732.9 million equipment loan and lease ABS.
August 5 -
Sallie Mae is marketing a $747 million of securitization of government guaranteed student loans.
August 5