The charges come as part of an investigation led by the SEC, in coordination with the federal-state Residential Mortgage-Backed Securities Working Group.
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The sharp drop in delinquencies of securitized commercial loans in January belies ongoing struggles in the hard-hit Atlanta region, according to the latest index results from Fitch Ratings
February 8 -
Ally Bank plans to issue $500 million series 2013-1 class A notes from its dealer floorplan ABS structure, Ally Master Owner Trust.
February 8 -
CNH Capital America plans to issue an $850 million equipment lease ABS transaction backed by fixed rate retail installment sale contracts and retail installment loans secured by agricultural or construction equipment.
February 8 -
MBS mostly lagged in both rallies and sell-offs in the week ended Feb. 8 amid concerns about increased originator supply and convexity-related selling.
February 8 -
Morgan Stanley announced a reshuffling of roles for managing directors in the banks securitized products group. The changes will help the bank develop its new issue securitization franchise.
February 7
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Fitch Ratings took a swipe at its peers, saying some recent Mexican equipment lease securitizations they rated ‘AAA’ merit no more than a single ‘A’ rating.
February 7 -
CarMax Business Services LLC priced its first issue of 2013, an upsized $1.04 billion prime auto asset-backed securities deal called CarMax Auto Owner Trust 2013-1.
February 7 -
Morgan Stanley Investment Management's new Global Mortgage Securities Fund will invest in mortgages and securitized debt instruments issued by government agencies and private institutions, the bank said this week.
February 7 -
Sallie Mae priced its $1.2 billion securitization of Federal Family Education Loan Program (FFELP) loans, SLM 2013-1.
February 7 -
Morgan Stanley is arranging a $500 million collateralized loan obligation for Sankaty Advisors,
February 7 -
Discover Bank priced the two series of note issuance from its credit card master trust, 2013-1 and 2013-2.
February 6 -
