The percentage of loans paying off on their balloon date registered 64.6% -- eight points above the March reading of 56.6%, according to the Trepp April payoff report,
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The Series 2013-2 notes are backed by 406 commercial real estate properties across various industry sectors, including related rents due under triple-net leases and hybrid leases with the properties' tenants.
July 17 -
Sallie Mae is remarketing $180 million of federally guaranteed student-loan backed securities issued in 2005, according to a regulatory filing.
July 16 -
Fitch Ratings has assigned a preliminary ‘AAAsf’ rating to the $500-million class A notes of Discover Card’s upcoming securitization of credit card receivables.
July 16 -
New York’s Metropolitan Transportation Authority is prepping a catastrophe bond that is the first to have triggers linked only to storm surge and no other aspect of hurricane-related risks,
July 16 -
There is little proof that a doubling of guarantee fees in the last year by Fannie Mae and Freddie Mac has brought private investors back into the mortgage market, says the FHFA's inspector general.
July 16
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Honda is planning to issue $1 billion of securities backed by auto loans, according to a filing with the Securities and Exchange Commission.
July 16 -
Goldman Sachs has established price talk on four classes of ‘AAA’-rated notes to be issued by its latest commercial mortgage backed securities conduit, GSMS 2013-GC13, according to a regulatory filing.
July 16 -
Discover Bank is planning a $500 million credit card debt securitization, according to a regulatory filing today.
July 15 -
Intermediate Capital Group priced a €400 million cash flow collateralized loan obligation, its third since the financial crisis.
July 15 -
U.S. issuers have engaged Standard & Poor’s to rate 35 collateralized loan obligations totaling $16.5 billion as of July 3, flat to the previous week.
July 15 -
Wyndham Worldwide is planning a $250 million timeshare loan securitization, according to Fitch Ratings.
July 15 -
Spreads on collateralized loan obligations appear to have stabilized in the secondary market after widening in June, according to Wells Fargo.
July 12