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.
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The Federal Housing Administration needs additional funds to replace a 1960s-era computer operating system and make other necessary tech updates.
April 10
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Subprime auto lender Tidewater Finance Co. is marketing its first offering of bonds backed by unsecured consumer loans.
April 10 -
Global Index Group has developed a synthetic product that allows investors to go long or short a leading U.S. commercial real estate index, the NPI. CBRE Capital Advisors is the exclusive broker.
April 9
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Payless ShoeSource's closure of 400 stores in the U.S. and Puerto Rico will impact some 36 commercial mortgages, many of them quite small.
April 7 -
Subprime auto lender Consumer Portfolio Services (CPS) is paying a steep premium for rising levels of risk in its second asset-backed transaction of loan receivables this year.
April 7
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Two private equity firms, Lone Star Funds and Mars Capital, are marketing a total 750 million in bonds backed by non-performing and re-performing Irish residential mortgages.
April 7 -
Issuance volume of asset-backed securities for the year through April 7, 2017.
April 7 -
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Elevate Credit in Fort Worth, Texas, debuted Thursday at half the price the company had been targeting. Investors may have been spooked by the possibility of rising losses.
April 6
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Navients is marketing its third offering of the year of bonds backed by federally guaranteed student loa
April 6 -
Three Republican senators introduced a bill this week designed to deter predatory lending practices associated with the financing and installation of energy and water efficiency upgrades.
April 6 -
Americans are buying fewer cars; as a result, investors in auto loan ABS are getting more exposure to trucks and sport utility vehicles.
April 6
