Diamond Resorts is preparing its first offering of bonds backed by timeshare loans in nearly a year, according to Kroll Bond Rating Agency. A lot has happened in the meantime.
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Vornado Realty Trust is involved in its second single-property securitization of a premier New York office site this week.
December 8 -
Development on the Common Securitization Platform has reached a point where Fannie Mae and Freddie Mac may be able to issue a uniform mortgage-backed security sometime in 2018.
December 8 -
The Mortgage Industry Standards Maintenance Organization, or MISMO, is proposing a standard for the maintenance and sharing of commercial and multifamily real estate rent-roll information.
December 8 -
Caliber Homes Loans has achieved its first triple-A ratings for a subprime residential mortgage securitization in just its third asset-backed transaction since launching its platform this summer.
December 8 -
No corner of the banking industry has gotten a bigger near-term boost from Donald Trump's election than private student lenders. And that's saying something.
December 7
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JPMorgan Chase, HSBC Holdings and Credit Agricole were fined a total of 485.5 million euros ($521 million) for rigging the Euribor benchmark as European Union antitrust regulators wrapped up a five-year investigation into the scandal.
December 7 -
Wells Fargos next commercial mortgage securitization follows a familiar pattern: it is characterized by low leverage, relative to transactions completed this year. And it relies on the inclusion of a pair of relatively high quality loans to boost the overall credit metrics of the pool.
December 7 -
TCF National Bank's latest prime auto loan receivables securitization is its largest to date, at $505.1 mililio
December 6 -
Many CLO managers would welcome a repeal of the soon-to-be enforced risk-retention requirement on deals. But while he sees 5% as slight "overkill," Crestline Denali Capital executive John Thacker sees merit in having skin in the game with investors.
December 6 -
An £821.7 million pool of higher-risk problem UK residential mortgage loans originated by GE Home Money Lending and other GEHML-affiliated is being pooled into in a new Towd Point Mortgage Trust asset-backed offering arranged through Credit Suisse.
December 6 -
The credit cycle is getting pretty long in the tooth, but CVC Credit Partners, a private equity firm based in Chicago, is hoping that theres still plenty of appetite for subprime auto loans.
December 6 -
A refinanced mortgage backed by the historic 85th Tenth Avenue building thats the east-coast home to Google as well as the New York birthplace of the Oreo cookie is being securitized via Deutsche Bank and Wells Fargo.
December 5

