Ginnie Mae saw its profits fall almost 50% in fiscal year 2012, according to figures released Thursday.
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CarMax Business Services LLC priced its first issue of 2013, an upsized $1.04 billion prime auto asset-backed securities deal called CarMax Auto Owner Trust 2013-1.
February 7 -
Morgan Stanley Investment Management's new Global Mortgage Securities Fund will invest in mortgages and securitized debt instruments issued by government agencies and private institutions, the bank said this week.
February 7 -
Sallie Mae priced its $1.2 billion securitization of Federal Family Education Loan Program (FFELP) loans, SLM 2013-1.
February 7 -
Morgan Stanley is arranging a $500 million collateralized loan obligation for Sankaty Advisors,
February 7 -
Discover Bank priced the two series of note issuance from its credit card master trust, 2013-1 and 2013-2.
February 6
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Peter Albano is joining Oppenheimer & Co. Inc. as head of taxable fixed-income sales, overseeing mortgage-backed securities as well as high-grade corporate credits and institutional emerging markets.
February 6 -
Goldman Sachs plans to issue a $500million single-borrower CMBS backed by Kings Plaza Mall in Brooklyn.
February 6 -
Discover Bank is planning to issue $1 billion from is credit card master trust over two series of note issuance, 2013-1 and 2013-2.
February 6 -
Morgan Stanley and Bank of America Merrill Lynch issued a $1.13 billion conduit, series 2013-C8 on Tuesday afternoon.
February 6 -
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
