NextGear Floorplan Master Owner Trust 2016-1 is an ABS of two pools of auto and specialty vehicle loan receivables from dealers using the funds to purchase used cars and trucks from auto auctions that include inventory from other dealers as well as salvage-title cars.
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Vertical Bridge, a cell tower operator founded by former executives of Global Tower Partners, is making its first call on the securitization market.
June 6 -
There's not enough origination volume to sustain seven private mortgage insurers and the number of underwriters may need to shrink, warns MGIC CEO Patrick Sinks
June 6
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Less than three months after predicting that banks would resume unloading portfolios of federally guaranteed student loans, Navient Corp. appears to have completed such a purchase.
June 6 -
New York's financial regulator has ordered 28 online lenders to disclose whether they offer loans to state residents and to describe the types of financing they provide, according to a person briefed on the matter.
June 3 -
Demand for loans that allow homeowners to finance energy-efficiency upgrades by increasing their property taxes is booming and Ygrene Energy Fund is planning regular trips to the securitization market to finance its programs.
June 3
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The delinquency rate on loans commercial mortgage-backed securities increased for the third consecutive month in May after significant declines at the start of the year, according to Trepp.
June 3 -
California Republic is marketing another $400 million auto loan securitization, its second of the year.
June 3 -
Underwriting league tables for asset-backed securities for the year through June 3, 2016.
June 3 -
Issuance volume of asset-backed securities for the year through June 3, 2016.
June 3 -
The Class A CHASEseries (2016-2) Notes are being issued by JPMorgans Chase Issuance Trust, a filing with the Securities and Exchange Commission states. The Class A notes are due 2021.
June 2 -
Speaking at an industry conference Thursday, the heads of several big banks including JPMorgan Chase, Bank of America and U.S. Bancorp warned of looming deterioration in their loan books.
June 2
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Thomas Humphrey was most recently head of Deutsches corporate banking and securities for the Americas, and was chief executive of Deutsche Bank Securities. He joined Deutsche in September 2014, following a stint as a partner at GoldenTree Asset Management where he led business development.
June 2
