Ally Financial, the nation's largest auto lender is dismissing comparisons between the subprime mortgage bubble and the more recent boom in car loans.
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For investors who were intrigued by the launch of Verizons first-ever handset securitization offering in July, an executive for one of the deals underwriters deal had a message: Stay tuned.
September 20 -
Early fears that Wall Street landlords might have trouble refinancing their holdings of large portfolios of single family rental homes have proven unfounded.
September 19 -
The subprime auto lender Santander Consumer Holdings USA has made two key leadership moves as it faces ongoing accounting problems.
September 19 -
Unfavorable court decisions, heightened regulatory attention and a thumbs down from famed Big Short personality Steven Eisman are making no dent in the enthusiasm for marketplace lending (MPL) securitization.
September 19 -
Moody's Investors Service has concluded its ratings review on 31 securitizations of federally guaranteed student loans sponsored by Navient Solutions to account for the slower rate of repayment of the collateral.
September 18
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Steve Eisman, the money manager who foresaw, and profited from, the collapse of the subprime mortgage market, hadnt attended a securitization conference since 2007. But Information Management Network, the organizer of an annual confab in Miami, clearly recognizes a good draw. It invited him to give the keynote speech Sunday.
September 18 -
The pace of mortgage modifications picked up in the second quarter as a streamlined version of the U.S. governments Home Affordable Mortgage Program (HAMP) started to produce results.
September 18 -
Deutsche Bank said the U.S. Justice Department is seeking $14 billion to settle a probe tied to residential mortgage-backed securities, more money than it's willing to pay
September 16 -
Issuance volume of asset-backed securities for the year through September 16, 2016.
September 16 -
Underwriting league tables for asset-backed securities for the year through September 16, 2016.
September 16 -
E-Carat S.A., Compartment 9 is comprised of two series of rated notes of undetermined size, backed by a pool of 513.5 million in loans.
September 15 -
The high volume of commercial mortgages maturing this year has left some property owners scrambling for funds to refinance. Not so for these eight borrowers, who took advantage of the strong price appreciation of their iconic office buildings, luxury hotels, super regional shopping malls, and even a portfolio of rental homes, to cash out In some cases, the tune of hundreds of millions of dollars of equity.
September 15

