Freddie Macs newest form of mortgage reinsurance transfers the risk of credit losses on 15-year residential mortgages that it insures.
- Europe
Santander Consumer Holdings appointed William Rainer chairman, and it announced that Blythe Masters has resigned to advise Banco Santander its Spanish parent company on the blockchain.
July 13 -
Online marketplace lenders found themselves in the congressional crosshairs Tuesday just as some lawmakers are attempting to provide the industry with sought-after reforms.
July 12 -
Leveraged loan market participants will have to wait a little longer for a big change meant to speed up trade settlement.
July 12 -
Wells Fargo is marketing its second commercial mortgage securitization in two months, this time with a focus on smaller-market retail, hotel and office properties.
July 12 -
OneMain is testing investor appetite for a new kind of subprime auto loan, one that allows borrowers to cash out some of the equity in their vehicles. OneMain, formerly known as Springleaf Financial, is one of the first to securitize a pool of primarily cash-out refinancing auto loans.
July 11
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Citigroup's next commercial mortgage securitization has heavy exposure to split loans that serve as collateral for a number of other transactions.
July 11 -
Progress Residential is refinancing its first securitization of single-family rental properties.
July 11 -
Sallie Mae Bank is preparing its second private student loan securitization of the year, according to Fitch Ratings.
July 11 -
Banks that stuck with student lending after the financial crisis are finding the business far less risky than it used to be.
July 11 -
Dutch mortgage lender Obvion N.V. is structuring its 34th securitization of residential mortgages through its Purple Storm 2016 B.V trust.
July 11 -
Recently allegations of fraud against Lending Club and several Chinese marketplace lenders have some observers calling for more daylight on the loans sold on these marketplaces. Specifically, they're floating the idea of a technology and service that would register and track ownership of the loans and validate basic facts about them and the borrowers.
July 8 -
Issuance volume of asset-backed securities for the year through July 8, 2016.
July 8




