After losing out in a bankruptcy auction of former GMAC's ResCap mortgage servicing assets, the company insisted that there are plenty of other, potentially better portfolio acquisitions waiting in the wings.
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First Investors Financial Services issued its $187 million subprime auto lease deal in a private placement transaction, the company said today.
January 25 -
Direct Capital Corp. is planning a $163 million securitization of equipment loans and leases, according to a presale report published by Standard & Poor's.
January 25 -
Kroll Bond Rating Agency is looking to broaden its ratings into credit card asset backed securities.
January 25 -
Markit today released series 6 of CMBX, the synthetic indices based on a static portfolio of US commercial mortgage-backed securities.
January 25 -
San Bernardino County announced on Thursday that it decided against a controversial proposal that would have allowed the county to seize underwater loans held in private-label MBS trusts using its power of eminent domain.
January 25
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Deutsche Bank and Cantor priced their $1.186B conduit CMBS deal, COMM 2013-LC6. Goldman Sachs and Citigroup also priced their $656.35M conduit CMBS offering, GSMS 2013-GC10.
January 25 -
Wells Fargo and the Royal Bank of Scotland issued price guidance on the $1.2 billion commercial mortgage backed notes that are being offered publicly under WFRBS Commercial Mortgage Trust 2013-C11.
January 24 -
Price talk for Extended Stay’s $2.5 billion single-borrower CMBS deal show spreads may have widened some from the levels seen earlier this month.
January 24 -
The housing industry's positive reaction to the Consumer Financial Protection Bureau’s (CFPB) "qualified mortgage" rule, which governs mortgage underwriting, is prompting cautious optimism that a related securitization rule may also turn out better than expected.
January 24 -
Diamond Resorts completed its $93.56 million timeshare securitization, Diamond Resorts Owner Trust 2013-1.
January 24 -
CoreLogic today unveiled its bond assessment service for non-agency residential mortgage-backed securities (RMBS).
January 24 -
Nationstar Mortgage plans a $900mn mortgage servicer advance asset-backed securitization this month, according to a Standard & Poor’s presale report.
January 24