The Commercial Real Estate Finance Council tapped Lisa Pendergast, a respected industry veteran, as its executive director.
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The portfolios structure includes a 930 million Class A notes stack carrying a floating rate coupon and provisional triple-A ratings from DBRS and Moodys Investors Service.
September 26 -
Beleaguered subprime auto lender Santander Consumer USA is once again restating its financial results dating to 2013.
September 25 -
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In the previous three years, DriveTime has not exceeded three auto loan securitizations in one year. With three months remaining in 2016, the subprime auto lender is already on deal No. 4.
September 23 -
Navistar Financial Dealer Note Master Owner Trust II Series 2016-1 is a $250 million notes transaction split into four classes of notes. It matches tranche-for-tranche and dollar-for-dollar the structure of its previous transaction in July 2015.
September 23
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Issuance volume of asset-backed securities for the year through September 23, 2016.
September 23 -
Underwriting league tables for asset-backed securities for the year through September 23, 2016.
September 23 -
In its new 2016-4 transaction, Towd is collateralizing 3,383 formerly troubled loans with a pool balance of $649.21 million into a nine-note structure. The pool includes 39% dirty current loans, or those which are paid up-to-date, but have had a recent delinquency or incomplete paystring.
September 23 -
Fannie Mae and Freddie Mac want to make it easier for owners of older apartment buildings to make energy efficient upgrades.
September 22 -
J.P. Morgan Mortgage Trust (JPMMT) 2016-3 is a $395.4 million notes structure consisting of 553 loans for homes primarily in California and major cities like New York, Boston and Washington, D.C. Fitch has issued preliminary 'AAA' ratings to the senior notes.
September 22 -
Freddie Mac is taking advantage of favorable market conditions to tee up another offering of securities transferring the credit risk of residential mortgages that it insures.
September 22 -
It's shaping up to be a solid year in the U.S. housing sector. But beneath this calm surface, the U.S. mortgage industry is facing a crisis.
September 22


