LPS has reached a settlement with the Colorado Attorney General that concludes the State's investigation of the former document execution practices by LPS units,
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Hertz Corp. plans to launch a $750 million securitization backed by its rental fleet vehicles, according to a presale published yesterday by Moody's Investors Service.
January 15 -
Talk of a return European CMBS was among the many positive points the CMBS industry looked at as the Commercial Real Estate Finance Council kicked off its annual industry conference in Miami on Monday.try conference in Miami on a positive note. The event saw its attendance grow to over 1300 and the agenda this year reflects the successful year the CMBS market had in 2012.
January 15 -
Diamond Resorts is prepping a $93.56 timeshare securitization, according to a presale report published by Standard & Poor’s.
January 15 - Europe
Moody's Investors Service rated the EUR1 billion ($1.3bn)securitization of tariff deficit in the Spanish power industry.
January 14 -
Flagstar Bancorp was sued Friday by MBIA over $165 million in losses related to two securitizations that Flagstar sponsored and MBIA insured in 2006 and 2007.
January 14
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Ford, Honda, BMW and First Investors have collectively added $3.18 billion of auto-related securtizations to the new issue pipeline, bringing volume sold or marketed so far this year to $8.7 billion.
January 14 -
There was an 18 basis point decline in commercial mortgage-backed security loan delinquency rates in December over November, as resolutions of $1.7 billion outpaced additions of $1 billion, said Fitch Ratings.
January 11 -
Wells Fargo, JP Morgan and Bank of America priced the $600 million single-asset commercial mortgage-backed securitization backed by the Queens Center in New York City, Queens Center Mortgage Trust 2013-QC.
January 11 -
Retail banks might return to the Mexican market or residential mortgage-backed securities.
January 11 -
GM Financial, formerly known as AmeriCredit, prepped a $975.2M auto Receivables backed securitization deal, bringing year to date auto related issuance to $5.0bn in January 2013.
January 11 -
Canadian Imperial Bank of Commerce is marketing a credit card receivables deal backed by a pool of approximately $13.4 billion in receivables called CARDS II Trust‘s series 2013-1.
January 11 -
Four CREL CDOS totaling $1 billion were issued in the fourth quarter of 2012, and RBS expects to see another $5 billion and $10 billion hit the market in 2013.
January 11