Royal Bank of Canada agreed to buy Ally Financial's Canadian auto-finance and deposit business in a cash deal providing $4.1 billion in proceeds to Ally.
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Bank of America Corp. reached agreements with Fannie Mae to settle all repurchase and certain other claims surrounding mortgage loans originated by Countrywide Financial Corp from 2000 through 2008.
January 7 -
Guy Carpenter & Company, LLC, the global risk and reinsurance specialist, announced today that Andrew Beecroft and Paul Rayner have been appointed as managing directors of GC Securities.
January 7 -
Morgan Stanley and Bank of America are marketing a $1.2bn commercial mortgage-backed securitization deal.
January 4 -
Film studios will have to change their approach to securitization to attract more investors.
January 4 -
Santander Consumer USA is marketing its $1.25 billion auto receivables securitization deal, kicking off the year for auto ABS primary issuance in 2013.
January 4
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Annualized net losses among securitizations of subprime auto loans rose to 6.72% in November, an increase of 4.4% from October and 0.5% from November of 2011.
January 3 -
See results from the Mortgage Bankers Association's Refinance and Purchase Indexes for the week ended Nov. 30 as well as the weekly mortgage rates surveyed by Freddie Mac for the week ended Dec. 6.
January 3 -
View issuance volume for ABS, MBS and CMBS for the full year 2010, 2011 and 2012.
January 3 -
View the year-to-date manager rankings for the different ABS sectors, including real estate, credit cards and autos.
January 3 -
RIFCO Inc. announced that it completed its third renewal of its Bank West auto securitization facility.
January 3 -
Zurich Insurance Group said today that it issued a 3-year, $270 million catastrophe bond called Lakeside Re III.
January 3
