SoFi, the online lender that caters to well-heeled millennials, has reached an agreement with Promontory Interfinancial Network to sell student loans to community and regional banks.
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EJF Capital is preparing a collateralized debt obligation backed by securities intended to help small banks and insurance companies raise capital.
March 12 -
The real problem with missed PACE payments at Renovate America is what they might signal about underwriting - and the fact that rating agencies were not in a position to spot them.
March 12 -
CNH Industrial Capital America is sponsoring an $869.9 billion bond offering backed by equipment loan contracts made to the agricultural and construction industries.
March 11 -
Issuance volume of asset-backed securities for the year through March 10, 2017.
March 10 -
BMW Financial Services new $1.17 billion auto lease securitization is being launched with one of the highest FICO scores and lowest hard credit enhancement levels of almost any recent asset-backed transaction involving luxury auto lease receivables. Including its own recent deals.
March 9
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Wyndham Worldwide is marketing its 33rd timeshare receivables transaction in a $300 million notes issuance through its Sierra trust platform.
March 9 -
J.G. Wentworth is readying $129 million of bonds backed by structured settlements and annuities.
March 8 -
Mill City Holdings returns to market with its fourth securitization of re-performing residential mortgages, this time with a sliver of HELOCs added to the collateral mix.
March 8 -
Crédit Agricole CIB this week completed a $3 billion transaction that transfers credit risk on the banks portfolio of European project finance loans.
March 8 -
As part of its plans to grow its business in the Netherlands, risk and due diligence expert Clayton Euro Risk has announced a strategic alliance with The Dutch Mortgage Consultants.
March 7 -
Barings U.K. is serving as manager for a new collateralized loan obligation warehouse funding structure that will have a target notional value of between 320-400 million (US$338-$422.8 million), according to a report from bond rating agency DBRS.
March 7 -
Freddie Mac is preparing a transaction that transfers credit risk on $639.9 million of super conforming residential mortgages.
March 7

