Citgroup Global Markets said that the number of RMBS delinquencies that eventually default resulting from Hurricane Sandy will mostly depend on how much damage will be covered by insurance.
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Wells Fargo and the Royal Bank of Scotland are marketing a $1.44 billion commercial mortgage backed securitization.
January 23 -
Servicers need to pay more attention to changes in home prices and how they relate to delinquency rates.
January 23 -
Extended Stay plans to issue a $2.5 billion single-borrower CMBS deal that is being managed by JP Morgan, Deutsche Bank and Citigroup.
January 22 -
Until the SEC spells out the impact of the Volcker Rule on asset-backed commercial paper (ABCP) conduits, the volume of paper outstanding is likely to remain flat or drop slightly, according to a recent report by Standard & Poor’s.
January 22 -
Nelnet is prepping a $438 million student loan securitization, its first of the year.
January 22
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Egan-Jones Ratings Company and its president Sean Egan will be barred for at least 18 months from rating asset-backed and government securities issuers as a Nationally Recognized Statistical Rating Organization.
January 22 -
Kroll Bonds Rating and Fitch Ratings assigned preliminary ratings to Redwood’s second residential mortgage-backed securitization in 2013 called Sequoia Mortgage Trust 2013-2.
January 22 -
Hyundai plans to issue a $1.31 billion auto ABS deal called Hyundai Auto Receivables Trust 2013-A (HART 2013-A).
January 22 -
Ford Motor Credit’s Canadian subsidiary is shopping $538 million of notes backed by auto loans, its first retail deal of the year.
January 22 -
Marine container securitizations set an all-time record in 2012 with issuance totaling $3.6billion in volume.
January 22 -
Sallie Mae said that it will continue to issue FFELP ABS to finance the redemption of all legacy FFELP loans previously sold into the U.S. Department of Education’s Straight –A conduit program.
January 18 -
Hertz priced an upsized, $950 million offering of three-year and five-year notes backed by its fleet of rental cars.
January 18
