Ally Bank is marketing its first securitization of subprime auto loans of the year, according to Standard & Poors. It is also Allys first deal that complies with Regulation AB II
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Toyota Motor Credit is issuing it second round of securitizing U.S. captive-finance auto loans this year through its Toyota Auto Finance Receivables trust in what could be between a $1.2 billion to $1.6 billion notes offering, according to a federal registration filing Wednesday.
April 28 -
MassMutualAssetFinance is putting more of its business with Uncle Sam into its latest equipment lease and loan securitization package of transportation, federal energy, computers and software contracts.
April 28 -
Months after mounting an aggressive play for subprime auto borrowers, Santander Consumer USA Holdings is scaling back its presence in the market, citing aggressive risk-taking by smaller competitors.
April 27
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For the first time since the financial crisis, some collateralized loan obligations are being forced to divert funds normally used to pay junior noteholders to be used for the benefit of more senior noteholders.
April 27
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Officials in three large U.S. states Illinois, New York and California are simultaneously taking initial steps aimed at taming the largely unregulated realm of online small-business lending.
April 26
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USAA is marketing another catastrophe bond under its Residential Re platform.
April 26 -
The Connecticut Housing Finance Authority intends to offer $189 million in tax-exempt bonds to finance single-family mortgages.
April 26 -
Yum! Brands is tapping the securitization market to refinance a $2.0 billion bridge loan it obtained in connection with plans to split off its China business and modernize its three main brands.
April 26 -
Freddie Mac has revised downward its economic forecast for the remainder of 2016 following a tepid first quarter, but remains upbeat about the housing market
April 25 -
Recent prosecutions against lenders accused of usury violations will test the government's use of a law more commonly known in organized crime cases
April 25 -
OnDeck Capital, the marketplace lender that recently launched a partnership with JPMorgan Chase, is marketing bonds backed by its own small business loans, according to DBRS
April 22 -
Issuance volume for asset-backed securities for the year through April 22, 2016.
April 22