United Auto Credit and Consumer Portfolio Services are planning to issue a combined total of $501 million in bond backed by subprime auto loans.
-
Issuance volume of asset-backed securities for the year through March 4, 2016.
March 4 -
Underwriting league tables for asset-backed securities for the year through March 4, 2016.
March 4 -
The $470 million Oaktree EIF 1 Series A will issue five tranches of floating-rate and fixed-rate notes with preliminary ratings from Moodys Investors Service and Standard & Poors.
March 4 -
California Republic Bancorp.s first auto loan securitization of the year pools loans of slightly better credit quality, according to Standard & Poors which is rating the deal.
March 4 -
Market volatility and new regulatory burdens are thinning the ranks of commercial mortgage lenders that underwrite loans for securitization. Activity is slowing down as a result, and it is unclear if banks and insurers will fill the void, especially outside the largest cities.
March 4
-
Bank of America Merrill Lynch is securitizing a single commercial mortgage that real estate investment trust Ashford Hospitality Trust is using to refinance an existing 17 hotel properties in seven states.
March 3 -
XL Insurance (Bermuda) has completed a $300 million catastrophe bond, according to GS Securities, the deals sole structuring agent and bookrunner.
March 3 -
Auto lenders continue to defy warnings about growing risks in the market.
March 3 -
Prosper Marketplace has tapped a USAA executive to be its next chief financial officer.
March 3 -
The Securities and Exchange Commissioner took to the podium in the convention center of the Aria Resort & Casino to express to attendees his admiration for the economic benefits of securitization and his disagreement with the risk-retention regulatory regime that has enveloped it.
March 2
