.Yet another offering of commercial mortgage securitization is getting some ratings juice from an investment grade property on Madison Avenue in New York City, but this time its a different address.
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Ally Bank is marketing $1 billion of prime auto loan securities in its first securitization of 2016.
January 15 -
Santander Consumer USA is marketing $752.2 million of securities backed by subprime auto loans via Drive Auto Receivables Trust 2016-A
January 15 -
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.
January 15 -
Underwriting league tables for asset-backed securities for the year through January 15, 2016.
January 15 -
An international regulatory body said this week that they are looking at setting new, enhanced leverage ratio requirements for the largest global banks, a move that echoes the higher standards in the U.S.' supplemental leverage ratio and demonstrates why going beyond international accords can influence the rest of the world.
January 15
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United Auto Credit and Consumer Portfolio Services are planning to issue a combined total of $501 million in bond backed by subprime auto loans.
January 14 -
Ford Motor Credit Companys latest securitization pools the highest amount of longer term loans than any of the previous deals issued by the sponsor, according to Fitch Ratings.
January 14 -
Deutsche Bank AG officials are reviewing whether some employees exaggerated demand as they marketed new securities backed by risky auto loans, potentially suppressing yields for investors, according to a person with knowledge of the matter.
January 14 -
Spreads widened on all but the riskiest tranche for Freddie Macs latest offering of Structured Agency Credit Risk securities as investors demanded additional compensation for taking on the credit risk of mortgages insured by the company.
January 14 -
Babson Capital is the first CLO manager to brave market volatility at the start of the year with a new deal.
January 13 -
Volvo is coming out with a deal backed by loans on trucking and construction equipment.
January 13

