CarFinance Capital, the subprime auto lender owned by private equity firm Perella Weinberg Partners, is planning a $253 million securitization, according Kroll Bond Rating Agency.
-
Marriott Vacations Worldwide plans to issue a $250 million timeshare loan ABS, according to a Fitch Ratings presale report.
July 29 -
Toys “R” Us issued a £263. 2 million commercial mortgage-backed securitization, according to a Standard & Poor’s presale report.
July 26 -
Private student lenders have been pleading with their regulators for more flexibility as they wrestle with delinquent loans; they got an answer Thursday, but it wasn't what the one the industry had hoped for.
July 26 -
In the first quarter of 2013, rising house prices and relatively low interest rates helped improve the outlook for the riskiest tranches of residential mortgage-backed securities, according to CoreLogic’s bond tracker.
July 26 -
Both the rate of cumulative defaults and the size of newly default loans in the CMBS market continue to decline.
July 26
-
Carrington Mortgage Services has informed Fitch Ratings that RMBS it services will recognize about $300 million in losses on principal forbearance that has yet to be reported as losses
July 26 -
Ares Management is prepping its latest collateralized loan obligations, the $412.80 million Ares XXVII CLO, which brings the total amount of broadly syndicated collateralized loan obligations Ares manages to roughly $14.11 billion.
July 26 -
The American Securitization Forum retained Mike Williams as a senior policy advisor.
July 26 -
The notes are backed by one commercial mortgage loan totaling $200 million secured by the fee and leasehold interest in 123 Red Roof Inn hotels across 29 states.
July 25 -
New York and Hawaii are the next two U.S. states to legislate rate reduction bonds.
July 25 -
The $275 million class of senior notes is being marketed at three-month Libor plus 165 basis points.
July 25 -
STORE Capital Corp. issued its $218.5 million commercial net lease mortgage-backed securitization, pricing the shorter dated, single-A notes at tighter levels than its March transaction.
July 25