Ygrene Energy Fund has appointed three finance veterans to manage growth, issue securitizations and support capital raises as the company expands to meet demand from institutional markets.
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The Florida Public Service Commission takes issue with the way that three U.S. credit rating agencies classify certain bonds issued on behalf of two power companies that operate in the state.
October 5 -
An affiliate of BBVA is securitizing 265 million in Spanish mortgages, a majority of which are formerly delinquent loans from the Catalonia region returned to performing status.
October 5 -
SoFi Lending is marketing another $427 million of bonds backed by unsecured consumer loans, according to rating agency reports.
October 5 -
Vertical Bridge CC, LL Secured Tower Revenue Notes, Series 2016-2 is a $196 million pooling of its 407 communications broadcast towers, including 377 that it acquired in a sale-leaseback transaction in December 2014 with iHeartMedia, Inc., the radio broadcast station ownership giant and its largest client.
October 4 -
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.
October 4
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More than $200 billion in securitized commercial mortgages come due soon, many of them still underwater
October 4
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Prosper Marketplace is closing the secondary market for its loans, citing a lack of demand among investors.
October 3 -
Capital One Financial plans to start issuing credit cards for the outdoor equipment chain Cabela's under a deal connected with the retailer's expected sale to Bass Pro Shops.
October 3 -
Late payment on securitized commercial mortgages reversed course in September and resumed a climb that began in March, according to Trepp.
October 3 -
Nelnet is marketing its first securitization of federally guaranteed student loans of the year, according to rating agency reports.
October 3 -
The private student loan market is dominated by large players, but some community banks are turning to a third-party tech company to help them get in the game.
September 30
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Securitized subprime auto loan losses surged 27% on an annualized basis August, putting the sector on a path to approach post-crisis record loss levels by years end.
September 30
