Capital One is returning to the securitization market with $750 million of notes backed by credit card receivables.

August 18
1 Min Read
  • The new deal structured by the General Motors Financial Co. subsidiary includes more loans to borrowers with 600-plus FICO scores as well as to those populating the higher end of AmeriCredit’s internal scoring tables. AMCAR also features slightly fewer loans over 60 months, and a higher weighted average APR.

    September 28
  • Marketplace lenders' share of the consumer and small-business loan markets is small now, but is expected to grow substantially in the coming years. Banks looking to get in on the action have two choices: team up with these established players that have already perfected the technology or try to beat them at their own game

    September 28
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  • U.S. Bank has hired James Ferguson to lead global strategies and product development for its securities services division.

    September 28
  • Conn’s Receivables Funding 2016-B is comprised of three tranches of notes sized at $552.78 million, including $391.84 million in Class A notes receiving a provisional ‘BBB’ rating from Fitch Ratings. Fitch has capped the senior notes because of Conn’s higher loan defaults, management changes and credit-risk profile deterioration in recent years.

    September 27
  • Takata’s ongoing recall of airbags puts bonds backed by auto leases at increased risk of losses, Moody’s Investors Service warns. Bonds backed by auto loans have only minimal exposure, however.

    September 27
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