New Oak Capital on Monday announced its new Mortgage Credit Service business that will be based in Danbury, CT.

Capital One is prepping a $500 million credit card securitization, its second of the year, according to Fitch Ratings.

Textainer Group, a lessor of intermodal containers, has amended its $1.2 billion warehouse securitization facility, extending the term and lowering the interest rate.

A global settlement between MBIA and Bank of America is positive for MBIA-wrapped non-agency mortgage-backed securities, according to Barclays.

Bank of America has agreed to pay the bond insurer MBIA $1.6 billion to settle a five-year-old dispute over losses related to soured mortgage-backed securities.

Big players remain largely absent from the re-emerging private-label residential mortgage-backed securities market.

A common securitization platform is under "full scale development" and should be ready for "significant testing" by next year, spokesmen for the government-sponsored housing enterprises said.

Lawrence Ceriello has joined Morrison & Foerster’s real estate finance group in New York as a partner.

CarMax is planning an $800 million securitization of used auto loans, according to a presale report issued today by Fitch Ratings.

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,

Having recently been approved to underwrite mortgage-backed securities, W.J. Bradley Financial Services is planning to do just that, according to President Kent Usell.

Fitch Ratings today announced that Andrew Smitiuch will head its Canadian Business.