The initial portfolio for the $601.7 million deal features high exposure to lower-rated single-B loans, though that will likely drop when it is fully ramped.
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The 240 note classes under review from 24 issuers include several already holding high-risk triple-C ratings.
May 14 -
Brian Johnson, a Republican political appointee at the CFPB, has been named the agency's deputy director, the No. 2 job behind Director Kathy Kraninger.
May 13 -
After a slow takeoff in the first quarter, a third aircraft lease securitization has launched since April through a debut offering from six-year-old fleet management firm Goshawk Management.
May 13 -
The ranking Democrat on the Senate Banking Committee says he wants answers from the Financial Stability Oversight Council on efforts to address corporate debt risks.
May 13 -
The Federal Housing Finance Agency has named three senior advisers for policy, economics and communications.
May 13
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The Consumer Financial Protection Bureau received over a quarter-million complaints in 2018, according to analysis by an advocacy group that urged the agency to maintain public access to its database.
May 12 -
The Government Accountability Office called on Ginnie Mae to undertake four reforms to its operations, citing concerns regarding the ongoing shift in size and capitalization of mortgage-backed securities issuers.
May 10 -
Energy industry clients make up 8.8% of the value of the latest pool from the master trust of Donlen Corp., a fleet management subsidiary of Hertz.
May 10 -
The large single-loan transaction covers two lab-office facilities in the Boston area's crowded life sciences corridor near MIT.
May 9 -
GM Financial is sponsoring two series of notes totaling $1.2 billion with staggered revolving periods; Hyundai Capital America's deal is its first floorplan offering in three years.
May 9 -
The loan pool includes a 9% share of Sheraton properties and 10% of Westin. MVW acquired both last September.
May 8 -
The transaction represents one of the biggest mortgage-backed bond offerings of large-balance home loans this year — behind only Wells first prime jumbo RMBS in January.
May 8













