With only $16 billion in issuance in January, the market for new securitizations fell by $2 billion from December and is less than half of the new structured finance supply from January 2015.
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Citigroup is marketing $771 million of commercial mortgage bonds backed by 37 loans secured by 75 properties, according to Kroll Bond Rating Agency.
March 23 -
The number of borrowers behind on private student loan payments rose slightly in the fourth quarter of 2015, but the overall trend is for continued improvement, according to Fitch Ratings.
March 23 -
European CLO manager CVC Credit Partners is preparing its first broadly syndicated loan portfolio of 2016 that will issue 400 million (US$447.3 million) in euro-denominated bonds.
March 23 -
Germanys Bank11 fr Privatkunden und Handel GmbH (Bank11) is securitizing 550 million in auto-loan backed securities in a series of two classes of notes through its Revocar ABS platform.
March 22 -
The online consumer lender Avant is expanding into auto lending.
March 22
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Fannie Mae priced its second offering of the year of Connecticut Avenue Securities transferring the credit risk on mortgages that it insures.
March 22 -
LCM Asset Management, American Capital and Telos Asset Management added three collateralized loan obligations totaling nearly $1 billion to the new issue pipeline Friday, according to rating agency reports.
March 21 -
Fitch Ratings believes that the market disruption caused by mortgages that fail to comply with a new consumer disclosure rules is out of proportion to amount of risk posed to mortgage bond investors.
March 21 -
The Supreme Court on Monday asked the Obama administration to express its views in a case that has raised doubts about the business model used by many online lenders.
March 21 -
A trio of private commercial mortgage veterans announced the launch of Shelby Funding in Boca Raton, Florida.
March 20 -
Social Finance's launch of a hedge fund to buy its loans should set off alarm bells among online lending cheerleaders in venture capital and stock markets; it also points the way to a long-term future for best-of-breed alternative lenders.
March 20 -
Fannie Mae said Friday it offloaded much of the credit risk on $19.5 billion of mortgages to a group of insurers and reinsurers via two Credit Insurance Risk Transfer (CIRT) transactions.
March 18
