Goldman Sachs Group Inc. said it agreed to settle a U.S. probe into its handling of mortgage-backed securities for about $5.1 billion, cutting fourth-quarter profit by about $1.5 billion and closing out a year of record legal and litigation costs.
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Goldman Sachs is securitizing a $1 billion in commercial mortgage refinancing a logistics companys network of temperature-controlled warehouse and distribution facilities nationwide.
March 7 -
Prices of office buildings and industrial properties are falling for the first time since the financial crisis, according to Moodys Investors Service.
March 7 -
Two Harbors Investment Corp.'s next offering of residential mortgages bonds has a new kind of risk: some of the loans failed to comply, at least initially, with new "know before you owe" disclosure rules.
March 7 -
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
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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

