Issuance volume of asset-backed securities for the year through May 11, 2017.
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Wells Fargo relies on a portion of the loan on the Manhattan office building, along with another high-quality loan, to offset the overall leverage in the transaction.
June 23 -
Over 45% of the borrowers the collateral pool have FICO scores above 760, compared with just 36.42% in the marketplace lender's most recent transaction, completed in May.
June 22 -
Lanark's UK RMBS and Obvion's Dutch deal are as yet unsized; Optimum's £242.3M deal is backed by UK second-lien loans
June 22 -
American International Group is accessing the securitized market through a Credit Suisse deal backed by loans that were generally originated less than a year after TRID.
June 21 -
Housing finance reform discussions are heating up and there's a growing sense that legislation can be enacted sooner rather than later. Here's why.
June 21
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Investors had better hope it does; the spectrum rights backing the notes would be less valuable to a combined Sprint and T-Mobile, decreasing recovery in the event of default.
June 21 -
The sandwich restaurant chain will use proceeds so repay debt taken on when it was acquired by Roark Capital last year, incliuding a term loan facility.
June 21 -
Credit enhancement on the senior notes has been increased to account for a decline in residual values of some models of cars.
June 21 -
CLO managers who accept lower interest payments on loans risk running afoul of deal covenants; but if they take their money back, there are few attractive options for putting it back to work
June 20 -
The marketplace lender had to offer higher investor protections on a consumer loan securitization than rival Upstart, but it also achieved a lower funding cost
June 20 -
The lender increased credit enhancement for the subordinate tranches of Springleaf Funding Trust 2017-A to offset lower FICOs and larger balances.
June 19 -
The bonds were privately placed with a group of investors led by CIT Group; CohnReznick Capital served as advisor for the transaction
June 19













