The BA Credit Card Trust 2016-1 issue will be feature a Class A tranche of BAseries notes, which BofA expects to have a triple-A structured finance rating from Moodys Investors Service and Standard & Poors.
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JPMorgan's Next "House" residential mortgage securitization Weighs in at $2.6 Billion
July 18 -
Comenity Bank is marketing $333.3 million of bonds backed by credit card receivables from its World Financial Network Credit Card Master Note Trust, according to Fitch Ratings.
July 18 -
B2R Finance, the lender backed by the Blackstone Group, is returning to the securitization market after undergoing a shift in strategy and turnover in senior management.
July 18 -
The Consumer Financial Protection Bureau is expected to unveil a proposal on July 28 that would regulate debt collection practices.
July 15 -
Consumer Portfolio Services is planning a third securitization of its subprime auto loan portfolio in 2016, amidst slightly improved underwriting conditions but growing levels of delinquencies on receivables.
July 15
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John Deere is preparing its second securitizatifon of equipment loans of 2016, according to Fitch Ratings.
July 15 -
Issuance volume of asset-backed securities for the year through July 15, 2016.
July 15 -
Underwriting league tables for asset-backed securities for the year through July 15, 2016.
July 15 -
Portfolio managers are expecting deteriorating credit conditions in spreads and defaults in North America and Europe this summer, as the Brexit contagion spreads around the globe. In particular, 68% of managers worldwide expect to see growing defaults in the European investment-grade space this summer.
July 15 -
Ford Motor Credit is marketing $777 million of bonds backed by lines of credit that it extends to auto dealerships, according to Standard & Poors.
July 14 -
Higher conforming loan limits in high-cost areas create a risk-sharing dilemma, due to limits on how many can be bundled into plain-vanilla mortgage bonds. Here's Freddie Mac's solution.
July 14
