JPMorgan Chase has packaged a highly concentrated portfolio of five office, hotel and retail property mortgages totaling $337 million.
-
Nissan and Hyundai each launched approximately $1 billion of bonds backed by auto leases Thursday, according to rating agency reports.
May 13 -
A subsidiary of Goldman Sachs purchased all four pools in Fannie Mae's latest nonperforming loan sale.
May 12 -
The government-sponsored enterprises' risk-sharing deals are being hailed as an innovative approach for Fannie Mae and Freddie Mac to offload credit exposure to private markets. But their growing popularity is raising questions about how these transactions should be reported in financial statements.
May 12 -
Theres a real downside to extremely low or even negative interest rates. Existing CLOs may not earn enough from their euro-denominated assets to pay the interest on the notes they issue.
May 12 -
Goldman Sachs and Citigroup each launched two new CMBS deals on Wednesday, with Fitch Ratings assigning provisional ratings on both pools that focus heavily on retail properties. Goldman's pool is highlighted by a multifamily investor mortgage secured by a portfolio of San Francisco apartments appraised at $923 million.
May 11
-
Deloitte & Touche recently named two co-leads for the CLO services unit of its securitization practice, Hillel Caplan and Lynda Lazzari.
May 11 -
Prices of loans held by CLOs recovered again in April, giving managers some more breathing room. But funding costs, rising interest rates and credit deterioration remain a challenge.
May 11 -
Darien Rowayton Bank with a fledging student loan refinancing program for graduates of prestigious medical, business and law schools is issuing a $176 million securitization of three-classes of fixed- and floating-rate loans.
May 11 -
Despite the deterioration in their CLO holdings, BDCs appear to be maintaining their dividends and appear to be in no particular hurry to unload holdings.
May 10 -
Even before the Treasury Department released its policy recommendations for the marketplace lending sector, an industry-backed campaign opposing new rules for small-business credit was underway
May 10 -
Colony American Finance is going to issue $254 million in new notes backed by the mortgage loans of landlords of the fledgling multi-tenant and single-family residential securitization market. .
May 10





