Blame it on the weaker reps & warranties in the $616 million transaction.
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Draghi looks to ABS market as way to lift Europe’s small businesses —and economy.
May 31 -
EverBank plans to tap the capital markets with its second RMBS deal of the year, a $303.3 million deal called EverBank Mortgage Loan Trust 2013-2.
May 31 -
Anchorage Capital is prepping a $412 million collateralized loan obligation, according to Fitch Ratings.
May 30 -
Redwood Trust yesterday filed a registration statement with the Securities and Exchange Commission for its eighth jumbo mortgage securitization of the year.
May 30 -
Clydesdale Bank announced the latest series of notes to be issued from its U.K. RMBS master trust program, Lanark that will offer both U.S. dollar and sterling tranches.
May 30
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Lewtan said today that Miten Amin joins the firm as director of market applications and Youriy Koudinov joins as director of market applications and securitized products research.
May 30 -
The delinquency rate for legacy CMBS transactions rose in May after having posted its low reading in the previous month, according to Credit Suisse.
May 30 -
Sallie Mae’s proposal to split itself into two publicly traded separate entities -- an education loan management and a consumer banking company -- would be neutral to mildly positive for the company’s ABS.
May 30 -
Nationstar plans to issue over $2 billion in servicer advance and deferred servicing fee receivables-backed bonds.
May 29 -
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.
May 29 -
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Fitch Ratings see a growing risk of weaker enforcement of mortgage contracts in Spain.
May 29
