An $890.7 million trust pool of 42 loans sold to a Deutsche Bank-affiliated trust is pursuing a daily double of high-risk collateral attributes: a bevy of underlying interest-only loans and a concentration in the more volatile office and hotel sectors.
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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
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Verizon is making its second trip to the securitization market to help offset the expense of providing customers with financing for mobile phones.
November 7 -
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.
November 7 -
Apollo Aviation Group priced its third aircraft securitization on Friday, October 28, 2016.
November 7 -
Lending Club reported a smaller loss in the third quarter as the San Francisco-based marketplace lender sought to move beyond a scandal that interrupted its rapid growth.
November 7
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Credit Suisse is marketing $767 million of bonds backed by 53 mortgage that are secured in turn by 199 commercial properties, according to rating agency reports.
November 7 -
Issuance of U.S. collateralized loan obligations climbed to $8.4 billion (via 17 deals) in October, the highest monthly figure since June 2015, according to Thomson Reuters LPC.
November 7 -
The appetite for Fannie Mae and Freddie Mac credit risk transfer deals is growing on Wall Street.
November 4
