Echoing views from a previous article published by ASR, Moody's Investor Service said today that performance has stayed strong across all U.S. auto loan ABS types since mid-2009.
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Credit Suisse is reportedly eliminating its CMBS loan origination unit, according to several market reports.
October 13 -
Standard & Poor's is requesting comments on its proposed update to its criteria for rating cash flow and synthetic collateralized debt obligation (CDO) transactions backed by structured finance securities.
October 13 -
Nationwide Building Society priced its multi-currency U.K. RMBS issued from the bank's Silverstone Master Trust, according to a Dow Jones report.
October 13 -
Problems in the European markets, stock market gyrations and fears that economic growth may be slowing have all contributed to both spread widening as well as a steepening of the credit curve in the commercial mortgage-backed securities market, according to Annaly Capital Management's third quarter 2011 market commentary.
October 13 -
Ally Bank is in the market with a $592 million dealer floorplan securitization.
October 13
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The European Banking Authority (EBA) followed up with further clarification on its guideline for the application of Article 122a of the Capital Requirements Directive (CRD).
October 13 -
The Standard & Poor’s downgrades of leading Spanish banks earlier this week could reverberate on outstanding ABS deals, the agency said.
October 13 -
Using different styles and tactics, Jamie Dimon of JPMorgan Chase & Co. and Vikram Pandit of Citigroup Inc. are making the same argument: policymakers have already done enough to rein in risk-taking. Doing more, particularly tacking on a capital surcharge for the largest firms, the CEOs insist, will crimp credit and in turn chill economic growth.
October 13 -
Fixed-related mortgage rates moved off their record lows of last week as the market became less risk averse on optimism regarding EU's debt crisis, as well as, on better than expected employment news.
October 13 -
Clydesdale Bank is marketing a £829 million ($1.3bn) securitization backed by a pool of buy-to-let residential mortgage loans originated by Clydesdale Bank and subsidiary Yorkshire Bank Home Loans.
October 12 -
Thomas & Herbert Consulting LLC announced that the firm has been awarded the Choice Neighborhoods contract from the Department of Housing and Urban Development (HUD), Office of Public Housing Investments (OPHI).
October 12 -
First California Mortgage Company will source Fannie Mae-eligible mortgage loans for Pillar Multifamily, LLC, an affiliate of Guggenheim Partners throughout its network, outside of southern California.
October 12