New collateralized loan obligation volume through Feb. 10 has already topped $3.2 billion with at least nine new deals in the pipeline, the LSTA reported. That adds to $4.8 billion in refinancing activity for the month, after two more refis were priced on Thursday.
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Industry groups are raising more concerns about a Fannie Mae financing deal involving the securitization of single-family rental homes, arguing it is too far removed from the government-sponsored enterprise's mandat
March 15 -
Wells Fargos next offering of commercial mortgage bonds is unusually concentrated in a relatively small number of large loans, though many are high quality properties located in strong markets.
March 15 -
Marlette Funding's next securitization may show that winning over new investors is better done through emulating, rather than disrupting, traditional bank lending practices.
March 15 -
Shellpoint is marketing another offering of private-label mortgage bonds backed primarily by loans it acquired from Bank of America, National Association, rather than loans originated by its own New Penn subsidiary
March 14 -
The monthly change for defaulted holdings in CLO 2.0s which now comprise 95% of the market for outstanding CLO issues rose 0.1% and now stand at 0.12%. The rate for CLO 1.0s rate 0.12%, now standing at 3.13%.
March 14
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Social Finance Inc.s online borrowers are defaulting at higher rates than underwriters for one of its bond deals had expected, the latest sign that an industry that hoped to upend banking is now getting tripped up by bad loans.
March 14 -
Multilease AG, the finance arm of a Swiss auto importer, is making its first strip to the European securitization market.
March 14 -
JP Morgan and Deutsche Bank are relying on Massachusetts Mutual Life Insurance Co. to keep skin in their next commercial mortgage securitization
March 13 -
Navient Student Loan Trust 2017-2 is backed by federally guaranteed student loans that were once delinquent but are now making timely payments, according to DBRS.
March 13 -
Banks are stepping up their efforts to win a key exception to the Consumer Financial Protection Bureau's Qualified Mortgage rule
March 13 -
Goldman Sachs is selling $1.02 billion of bonds refinancing the Blackstone Groups acquisition of the Willis Tower, formerly known as the Sears Tower.
March 13
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The $609.6 million GoldenTree Loan Management US CLO 1 is the first broadly syndicated loan offering from a new collateralized loan management asset firm that was launched in January after entering into a services agreement with GoldenTree Asset Management.
March 12
