World Omni Financial Corp. is making its annual trip to the securitization market with auto leases.
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This year federal and state regulators have started to pay closer attention to the rapidly evolving online-lending sector — particularly online small-business lending. What follows is a look at eight key players in the debate over how to regulate this emerging industry.
August 18 -
U.S. Bank Global Corporate Trust Services has hired Joe Nardi to lead its global structured finance group, which provides services that support the mortgage-backed and asset-backed securities for which U.S. Bank is trustee and paying agent.
August 18 -
Capital One is returning to the securitization market with $750 million of notes backed by credit card receivables.
August 18 -
Lenders, realtors, and appraisers are stepping up the fight against a particular way of financing the retrofitting of homes to make them more energy efficient.
August 17
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Macys decision to shutter another 100 of its department stores could impact some $3.64 billion of securitized commercial mortgages, according to Morningstar Credit Ratings.
August 17 - Europe
Europes speculative-grade corporate default rate is expected to rise slightly by next year amid lingering credit instability, slow economic growth and a growing concentration of companies in the lowest levels of junk-grade ratings.
August 17 -
Prosper Marketplace in San Francisco reported a $35 million loss in the second quarter, adding to the struggles of the entire marketplace lending sector
August 17 -
Arch U.S. MI's acquisition of United Guaranty Corp. will make one of the smallest private mortgage insurers the sector's new market leader. While the move is likely to ease pricing competition among the six remaining players, it's not expected to set off a wave of further consolidation.
August 16 -
DBRS named Nichola James as co-head of sovereign ratings. At the same time, Fergus McCormick, who had been head of sovereign ratings since 2010, will now be chief economist and co-head of sovereign ratings.
August 16 -
JPMorgan is taking a riskier route for its second jumbo prime mortgage loan securitization of 2016. Unlike the banks securitization of nonconforming fixed-rate loans in June, the assets backing the $434.1 million JPMMT 2016-2 transaction are exclusively adjusted rate mortgages. They also include a cross-section of loans not meeting qualified mortgage/ability-to-repay safe harbor protections.
August 16 -
American International Group agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group as Chief Executive Peter Hancock works to simplify his company and free up capital to return to shareholders
August 15




