Freddie Mac has reached a binding commitment with Chimera Investment Corp., a New York-based real estate investment trust, in its pilot structured sale of seasoned loans.
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Underwriting league tables for asset-backed securities for the year through September 9, 2016.
September 9 -
This week, nine auto loan- and lease-backed deals totaling $7.1-$7.4 billion (including a potential upsizing) took the on-ramp to the securitization market, reversing a slow summer of new issuance.
September 8 -
Lending Club, which is seeking to rebound from a recent corporate governance scandal, plans to step up its efforts to sell loans to everyday investors, Chief Executive Scott Sanborn said
September 8 -
The Shops at Crystals is making an appearance in a fourth commercial mortgage securitization.
September 8 -
Online lender Social Finance is marketing another $203 million of bonds backed by unsecured consumer loans.
September 8
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Ally Financial has structured its third nonprime auto loan securitization of the year in a new $750 million asset-backed transaction with slightly enhanced credit quality over its previous deals.
September 7 -
First Investors Auto Owner Trust 2016-2 is a $230 million asset-backed pooling of more than 11,000 new- and used-auto loans a transaction exceeding the pool size and loan population of recent securitizations pieced together by First Investors.
September 7 -
J.P. Morgan is marketing $235 million of mortgage bonds backed by a single loan collateralized by a portfolio of 63 Value Place extended-stay hotels, according to rating agency reports.
September 7 -
The monthly total of $5.9 billion in new collateralized loan obligation issuance in August made slight gains over Julys output, but year-to-date issuance remains sharply off 2015s pace.
September 7 -
Vistana Signature Experiences, a former unit of Starwood Hotels & Resorts, is marketing its first timeshare loan securitization under its new corporate structure.
September 7 -
Although ratings are capped on the notes, the underlying pool of loans in Caliber Home Loan's second securitization of nonprime residential mortgages have improved in quality with the inclusion of investor and second-home purchases by mainland China investors.
September 6


