Non-profit public corporation Vermont Student Assistance Corp. is planning to sell a deal called Student Loan Asset-Backed Notes, Series 2012-1.
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U.S. District Judge Jed Rakoff ruled that Flagstar Bancorp violated agreements with Assured Guaranty Municipal to follow its own underwriting guidelines; he ordered Flagstar to pay Assured $90 million.
February 6 -
Kroll Bond Ratings said it expects the first rated securitization of commercial property assessed clean energy (PACE) loans in 2013.
February 5 -
Avis Budget Group plans to sell $400 million of securities backed by auto leases, according to ratings agency presale reports.
February 5 -
IPFS Financing Corp. plans to issue a $400 million securitization that is backed by insurance premium finance loans.
February 5 -
Banks are marketing a $539 million collateralized loan obligation for LCM Asset Management and $513 million deal for Golub Capital, according to presale reports from Standard & Poor’s.
February 5
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The Justice Department is suing credit rating agency Standard & Poor's for allegedly ignoring their own standards and rating mortgage investments much higher than they should have been in years leading up to the financial crisis.
February 5 -
Springleaf Financial plans to launch its first securitization of personal consumer loans, Asset-Backed Notes Series 2013-A.
February 4 -
Spreads on subprime auto ABS and the subordinated tranches of prime auto ABS continued to outperform in January.
February 4 -
The securitization investor class of 2013 is likely to be the most geographically diverse group since before the onset of the financial crisis.
February 4 -
Sallie Mae plans to issue a $1.2 billion securitization of Federal Family Education Loan Program (FFELP) loans.
February 4 -
FTN Financial announced that Sylvia Holt Williams and Grady Mosay joined the bank’s capital markets sales team.
February 4 -
Investors no longer feel limited to their own country for securitization investment opportunities; they are becoming comfortable with the risks and rewards of investing in and owning a global book.
February 4