TSASC, a local development corporation, is preparing to issue $1.024 billion of debt secured by tobacco settlement revenues, which cigarette companies pay as part of their 1998 settlement with 46 states, including New York.
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Renovate America has priced its fourth securitization this year of Property Assessed Clean Energy (PACE) bonds, in a $292 million deal that capped a near doubling of its investor base since the year began.
December 15 -
A legislative proposal would expand Fannie Mae and Freddie Mac's use of specially-created debt securities to share their risk with private investors, but such risk transfer deals are not a replacement for core capital.
December 15 -
A Brexit-driven rise in the UKs inflation rate through 2017 would bring a depreciation in the British sterling that could create negative connotations for mortgage, auto loan and other consumer debt securitizations, according to Moodys Investors Service.
December 14 -
JPMorgan is returning to a familiar structure as it again pools large-market prime jumbo mortgages for investors in collateralized residential mortgage loans.
December 14
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Citibank is issuing its third offering of the year from its Citiseries Credit Card Issuance Trust, according to Moodys Investors Service.
December 14 -
The $157 billion-asset, online bank began offering mortgages on its website on Sunday night under the brand name Ally Home, a company spokeswoman said
December 13 -
Nelnet, the second largest servicer of federally guaranteed student loans, is getting into the private student loan business.
December 13 -
Aviation Capital Group Corp., an owner and international lessor of commercial passenger jets, is returning to the asset-backed market with a collection of leases on some of it older fleet of aircraft assigned to largely emerging-market carriers.
December 13 -
First Republic Bank in San Francisco has bought Gradifi, a two-year old firm that works with small and large companies to help their employees pay down student debt.
December 12 -
SuttonPark Capital is preparing its third structured settlement securitization, according to DBRS.
December 12 -
SoFi Lending Corp. has launched its debut prime jumbo residential mortgage securitization.
December 12


