OneSavingBank is readying a £403.2 million securitization of U.K. residential mortgages originated at the peak of the U.K. housing crisis, according to DBRS.
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The Consumer Financial Protection Bureau's agenda is so packed it's no wonder that when Director Richard Cordray testifies on Capitol Hill, he has to tackle a huge array of subjects. Following are areas where the agency has proposals or final rules outstanding:
April 19 -
The shakeout in the sporting goods industry continued to impact commercial mortgage bonds, as Sports Chalet is closing stores that are tenants in properties backing 11 CMBS loans.
April 19 -
Senate Banking Committee Chairman Richard Shelby, R-Ala., is seeking input from the Government Accountability Office and the Congressional Budget Office on the future of policies dealing with Fannie Mae and Freddie Mac.
April 19 -
BMW AG is securitizing its fourth pool of auto loans to German consumers and business customers in a 800 million transaction through its Bavarian Sky S.A. platform.
April 19 -
Morgan Stanley and Bank of America Merrill Lynch are using a regional mall in Oklahoma City to dress up another highly leveraged offering of commercial mortgage bonds.
April 18
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Napier Park Global Capital, the hedge fund spun out of Citigroup, has found a new way to raise money to invest in railcars.
April 18 -
Onex Credit Partners is launching its first CLO of 2016, and 11th overall, following up a 2015 when the private equity group issued three collateralized loan obligations of mostly similar sizes.
April 18 -
As financial regulators consider how to fit the burgeoning marketplace lending industry into the existing regulatory structure, banks and consumer advocacy groups are beginning to question how community reinvestment and anti-redlining statutes might be applied, if at all.
April 18 -
A $388.5 million securitization is being planned for a single commercial loan to the Palisades Center Mall in New York, a metro super-regional mall emerging from two years of renovations and major retail tenant poachings by a rival development.
April 17 -
Underwriting league tables for asset-backed securities for the year through April 15, 2016.
April 17 -
Golden Credit Card Trust Series 2016-3 and 2016-4 will each include three classes of notes with the size of the issuance to be determined. The floating-rate Class A notes have been given an early AAA rating by Fitch for each series, and will be offered in a rule 144A sale in the United States.
April 15


