Bank of America Merrill Lynch analysts maintain their positive view on student loan ABS given recent reports showing trends that can reduce headline risk in the sector.
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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
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The increase in mortgage rates should limit mortgage refinancing activity with the exception of HARP related activity.
January 10 -
Macquarie Bank is marketing $500 million of notes targeting the U.S. investor base under its Australian auto securitization deal, SMART ABS Series 2013-1US Trust
January 10 -
Redwood is looking to issue another securitization deal this month that would keep in line with the company’s 2013 goal of boosting issuance over this year.
January 10 -
StormHarbour Securities LP announced that it hired Juan Del Rivero as senior advisor in the firm’s new Madrid, Spain office.
January 10 -
The American Securitization Forum is concerned that the Consumer Financial Protection Bureau's new Qualified Mortgages guildelines will dry up credit for non-prime borrowers.
January 10 -
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Santander Consumer USA priced its $1.25 billion securitization of subprime auto receivables called Santander Drive Auto Receivables Trust 2013-1.
January 9
