Flagship Credit Acceptance, the subprime auto lender controlled by Perella Weinberg Partners, is in the market with a $450 million securitization, according to Standard & Poors.
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Freddie Mac will begin issuing single-family mortgage-backed securities sometime next year via the new common securitization platform, the Federal Housing Finance Agency said Thursday.
December 18 -
Ally Financial, seeking new sources of customers, will finance used cars sold through Beepi, an 18- month-old website that lets people buy vehicles with a few clicks and no test drive.
December 17 -
Sen. Bob Corker championed a provision he added to the budget bill that would temporarily prevent the Treasury Department from recapitalizing Fannie Mae and Freddie Mac and discussed other banking priorities in a sitdown interview with American Banker.
December 17 -
With regulators nipping at their heels, auto lenders had good reason this year to retrench. But thats not what they did.
December 17 -
Fannie Maes final risk sharing transaction of the year was with reinsurers.
December 17
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Dont expect much of an impact on structured finance next year from the Fed rate hike and its decision to raise rates gradually.
December 16 -
Much of the industrys efforts in 2015 were focused on avoiding compliance with the regulation, which takes effect in December 2016.
December 16 -
Aviation Capital pulled its securitization of aircraft leases from the securitization pipeline citing volatility in the ABS market.
December 16 -
Kroll Bond Rating Agency predicts issuance in bonds backed by commercial mortgages could hit $125 billion next year, even with borrowing costs rising as interest rates go up.
December 15 -
Standard & Poor's revised its criteria over a year ago; yet the majority of the deals that came to market in 2015 refinanced portions of the often-unrated variable funding note commitments that were extended by bank lenders during the six-month rating moratorium.
December 15 -
Increased leverage in the nonfinancial sector, banks reaching for yield in a persistently low-interest rate environment and emerging markets pose a growing threat to the system, according to a report issued Tuesday by the Office of Financial Research.
December 15





