JPMorgan Chases next residential mortgage securitization looks a lot like the six deals it completed in 2015: it is backed by jumbo loans to high quality borrowers that the bank acquired from other originators.
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The subprime auto lender a unit of the Spanish banking giant Banco Santander initially planned to release its earnings on Wednesday, July 27. But it said in a news release that its financial statements have "not yet been completed" due to discrepancies between current and former accountants over the way it calculates its provision for credit losses. Santander Consumer did not set a new date for the results.
July 25 -
The official platform of the Republican Party has softened language calling for the end of Fannie Mae and Freddie Mac, while continuing to demand reform.
July 25 -
The unusually strong loan performance in the credit card business lasted longer than many observers expected. But today the industry's prolonged post-crisis era finally appears to be over.
July 24 -
EJF Capital is marketing $333.75 million of notes backed by trust preferred securities issued by banks and insurance companies.
July 22 -
Deutsche Bank and JPMorgan Chase have found a home for the another portion of a $558 million mortgage on a San Francisco shopping mall that serves as collateral for a single-asset CMBS launched this week.
July 22
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Issuance volume of asset-backed securities for the year through July 22, 2016.
July 22 -
Underwriting league tables for asset-backed securities for the year through July 22, 2016.
July 22 -
Since 2013, CLO Managers have been issuing notes with rates that are initially low, but step up after 18 to 24 months, betting that they can refinance them more cheaply; so far their success has been mixed.
July 21 -
One of the nation's biggest banks and the so-called "everything store" have joined forces to extend loan discounts to students.
July 21 -
American Credit Acceptance is preparing $230 million of bonds backed by subprime auto loans, its third term securitization of the year.
July 21 -
The City of New York is making its annual trip to the securitization market with tax liens.
July 21



