Mortgage application activity was little changed overall in the holiday-shortened week ending Nov. 23.
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Office Depot’s planned merger with Office Max announced on Wednesday, could lead to some store consolidation that would affect CMBS deal performance.
February 22 -
Volkswagen upsized its retail auto loan ABS by $250mn to $1.25bn and priced the deal Thursday afternoon to strong investor demand.
February 22 -
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RBC Capital Markets plans to issue a $500mn cross-border credit card ABS backed by Canadian receivables.
February 21 -
Goldman Sachs plans to issue $568 million CMBS loans backed by fixed rate loans that are secured on three malls.
February 21
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Falling used car prices should not be a concern for auto lease ABS investors, since it is not likely to affect the rate at which leases are prepaid, according to Moody’s Investors Service.
February 21 -
Fitch Ratings warned that recent rep and warranty proposals in new U.S. RMBS deals may expose investors to added risks from “weak” underwriting and “defective” mortgages.
February 21 -
Social Finance Inc., a non-bank lender, is looking to upend student lending in the United States by offering more favorable rates to borrowers it views as most likely to repay their loans.
February 20 -
Wells Fargo Securities is marketing a $516 million collateralized loan obligation for Octagon Credit Investors, according to a presale report published by Standard & Poor’s.
February 20 -
Nelnet is preparing a $1.156 billion student loan securitization, its second this year, according to ratings agency reports.
February 20 -
JP Morgan Chase plans to issue a second deal from its Chase Issuance Trust, a securitization that will be sized at $750 million.
February 19 -
It’s been a long time coming, but Europe is about to see its first collateralized loan obligation since the financial crisis, a €300 million deal from Cairn Capital.
February 19
