Canadian Imperial Bank of Commerce is marketing a credit card receivables deal backed by a pool of approximately $13.4 billion in receivables called CARDS II Trust‘s series 2013-1.
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With consumer spending on the rise and investors warming to more esoteric assets, timeshare operators are increasingly turning to the securitization market to finance loans.
March 28 -
Buyers of private-label mortgage backed securities still have a beef with the federal mortgage modification plan, which allows holders of a second-lien on distressed properties to jump ahead of first-lien holders in terms of payment priority.
March 28 -
Federal Housing Finance Agency Acting Director Edward DeMarco said a single mbs platform could be a building block for a new mortgage market
March 28 -
Representation & Warranties issues may have had something to do with where JP Morgan’s priced its RMBS deal this week; but its structuring was also to blame.
March 28
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By tweaking one aspect of its methodology for rating securitizations, Moody’s Investors Service has set the stage for more downgrades of deals issued out of peripheral Eurozone countries.
March 28 -
With consumer spending on the rise and investors warming to more esoteric assets, timeshare operators are increasingly turning to the securitization market to finance loans.
March 28 -
Ally Bank is planning a $1.25 billion prime auto loan securitization, according to a presale report by Fitch Ratings.
March 28 -
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John Deere Capital Corp. plans to issue a $851.42 million equipment lease- backed securitization, according to prospectus supplement filed with the U.S. Securities and Exchange Commission today.
March 27 -
The Federal Housing Finance Agency’s new initiative to help streamline modifications for eligible borrowers is likely only to have a minimal impact on MBS, according to analysts at JP Morgan.
March 27
