Presale reports were issued Monday for the $407.35 million Wellfleet CLO 201-1 and the $406.35 million NXT Capital CLO 2017-1; the two deals are the latest of four new offerings noted by ratings agencies since last week and among 14 this month.
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Online consumer lender Avant continues to boost quality of its underwriting, and this is helping to reduce its funding costs.
April 24 -
Renovate America launches $268 million of bonds backed by Property Clean Energy Assessements; Calibur Home Loans returns with non-prime RMBS, and three more collateralized loan obligations refinance.
April 24 -
A $26 million settlement by Santander Consumer is shining a light on the hard-to-measure problem of auto dealer fraud, while also raising questions about the adequacy of lenders' efforts to combat bad behavior
April 24 -
Caliber Home Loans next non-prime mortgage securitization is nearly twice as large as its previous deal, completed in December.
April 21 -
Charles Citro joined the Morningstar Credit Ratings this week as managing director for commercial mortgage-backed securities ratings and analytics
April 21
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Issuance volume of asset-backed securities for the year through April 21, 2017.
April 21 -
Student loans are showing signs of growing too fast, perhaps the only market flashing a warning even as the economic recovery grows older, Citigroup Chief Financial Officer John Gerspach said
April 21 -
Dell and Ascentium launched a pair of equipment lease securitizations; NextGear readies notes backed by auto dealer inventory financing; Consumer Portfolio Services closes on auto ABS.
April 20 -
Ocwen Financial and its subsidiaries faced a slew of accusations from federal and state regulators on Thursday, which raised questions about whether the firm could survive.
April 20 -
Managers of European collateralized loan obligations are under-reporting their exposure to loans that lack certain investor protections, according to Moodys Investors Service.
April 20 -
The House Financial Services Committee will hold a hearing on a GOP Dodd-Frank overhaul plan next Wednesday as Chairman Rep. Jeb Hensarling, R-Texas, hopes to have a panel vote on the bill by the end of the month.
April 19 -
Bayview Asset Management is bundling bonds that Fannie Mae and Freddie Mac use to transfer the credit risk of mortgages into collateral for new bonds.
April 19



