Stonebriar Commercial Finance is sponsoring a four-note, asset-backed transaction that is supported by receivables from contracts it services with an aggregate outstanding balance of nearly $340 million.
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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
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Freddie Mac is preparing a transaction that transfers credit risk on $639.9 million of super conforming residential mortgages.
March 7 -
Tennessee bankers are opposed to the introduction of the green-bond financing program in the state because of the first-lien priority of PACE assessments over mortgages. PACE programs are already in place in 32 states and the District of Columbia.
March 7 -
Orico, a Japanese finance company, is pursuing its sixth multi-currency prime auto loan securitization in a $336.5 million deal that includes several tranches of U.S.-dollar denominated bonds.
March 6 -
Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.
March 6 -
U.S. CLO new issue bounced back in February with 15 deals coming to market for a combined total of $8.1 billion, according to Thomson Reuters LPC.
March 6 -
Subprime auto lender Westlake Financial Services is hoping asset-backed investors can stomach a bigger dose of regulatory risk.
March 6


