While Volkswagen continues its international efforts to remedy its 2015 diesel-engine emissions scandal, the German automaker also carries on with its ramped-up efforts since last fall to raise more capital through securitizations. The latest transaction is a 750 million (US$837.5 million) static pool of German vehicle lease receivables from both retail and commercial contracts.
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Santander Consumer USA is smoothing out risk factors in its latest deep-subprime vehicle loan securitization. Drive Auto Receivables Trust 2016-C is a $1 billion offering of deep-subprime new and used retail auto and light-truck loans originated by Santander.
November 10 -
Verizons second handset securitization transaction is initially sized at $1.4 billion, according to a Fitch Ratings
November 10
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UpLift is the latest Silicon Valley startup seeking to peel off a slice of the $1 trillion credit card market.
November 10 -
Italian lender Agos Ducato S.p.A. is pooling the receivables from personal, auto, furniture and other-purpose loans totaling 1.34 billion.
November 10 -
The unresolved question of what to do with Fannie Mae and Freddie Mac both in conservatorship since before Barack Obama's election will loom large over the future Trump administration.
November 9
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Select Portfolio Servicing, a unit of Credit Suisse, is markting $600 million of notes backed by the repayment rights to money it has advanced to mortgage bondholders.
November 9 -
Goldman Sachs has launched the first private label commercial mortgage securitization of the week, according to Kroll Bond Rating Agency.
November 9 -
Donald Trumps victory drew inevitable comparisons to Britains vote to exit the European Union in June, but so far the election results have failed to produce the kind of volatility seen in June much less the extreme moves in financial markets experienced in January
November 9
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Republican presidential nominee Donald Trump's shocking victory late Tuesday left world markets rattled, and financial services companies facing an uncertain future. But once they adjust, financial institutions are likely to embrace Trump's deregulatory agenda.
November 9
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Structured credit firm ZAIS Group has hired two new executives to spearhead its collateralized loans obligation and other asset-backed businesses out of London.
November 8 -
An affiliate of Cerberus Capital Management was the winning bidder for two pools of reperforming mortgages with a balance of $789.2 million auctioned by Fannie Mae.
November 8 -
The UKs Towd Point Mortgage Funding trust has issued its latest transaction consisting of a large swathe of pre-crisis home loans still beset by delinquencies, or encumbered by variable rates and second-liens.
November 8
