The housing market finally appears to be on the mend, but the “shadow” inventory of housing that is unoccupied but has not yet been released into the market, either as a rental property or sale listing bears watching.
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Santander Consumer USA plans to issue a $1.3 billion subprime auto loan ABS.
March 5 -
The Federal Housing Finance Agency is moving ahead with plans to create a new securitization platform that will one day serve as a public utility for the issuance of mortgage-backed securities.
March 5 -
See results from the Mortgage Bankers Association's Refinance and Purchase Indexes for the week ended Feb. 12 as well as the weekly mortgage rates surveyed by Freddie Mac for the week ended Feb. 14.
March 4 -
American Tower Corporation, the U.S. wireless tower operator plans to issue $1.8 billion of securities backed by interests in mortgage loans made to borrowers that are all wholly owned indirect subsidiaries of the issuer.
March 4 -
The catastrophe bond market proved to be a pretty safe place to invest last year, returning 10.28%, notwithstanding the damage Hurricane Sandy inflicted on the eastern seaboard of the U.S.
March 4
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Analysts at Bank of America Merrill Lynch have a beef with new rules from the Basel Committee on Banking Supervision (BCBS) that spell out how much regulatory capital needs to be set aside for securitizations.
March 4 -
Delinquencies on loans that back commercial mortgage securities fell for the second consecutive month in February, to their lowest level in a year, according to a report published Monday.
March 4 -
As many as 20 board members have resigned from the American Securitization Forum in a dispute over control of the trade group.
March 4 -
Moody's Investors Service and Fitch Ratings assigned provisional ratings of ‘P-1’/ ‘F-1’ to Wells Fargo’s $100 million term ABS, Series 2013-MM1 deal that is backed by collateralized servicer advance receivables.
March 4 -
The market for private credit student loans ABS opened up last week with a Sallie Mae deal that offered access to the first subordinate class of these bonds, since 2007.
March 4 -
The MBS market’s performance has been somewhat more directional with interest rates since Federal Reserve Board Chairman Ben Bernanke's semiannual Humphrey-Hawkins testimony.
March 1 -
View year-to-date issuance through Feb. 22 for ABS, MBS and CMBS.
March 1