Velocity Commercial Capital took steps to verify the so-called liar loan included in a small balance commercial mortgage securitization, according to Kroll Bond Rating Agency, which rated the deal.
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SoFi Lending Corp. is marketing another $536 million of securities backed by private student loans.
November 13 -
Issuance volume for the year to date for ABS, MBS and CMBS.
November 13 -
GFC Lending, a unit of DT Acceptance Corp., is marketing $165 million of securities backed by subprime auto loans, according to DBRS.
November 13 -
The South Carolina Student Loan Corp. is marketing what may be the first securitization of federally guaranteed student loans since rating agencies put a broad swathe of the market under review for potential downgrades over the summer.
November 13 -
Citigroup's OneMain Financial unit won U.S. antitrust approval for its sale to Springleaf Holdings after the companies agreed to sell branches.
November 13
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A swaps rule set to take effect in 2016 could make it securitization more expensive, raising funding costs for businesses and consumers.
November 12 -
Covered bonds may not be a lost cause in the U.S. after all.
November 12
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Wells Faro is marketing $774 million of securities backed by a pool of 62 commercial mortgage loans that are in turn secured by 73 properties.
November 12 -
TCF Bank is marketing its third auto loan securitization, according to Standard & Poors
November 11 -
Four Federal Home Loan Banks have recruited 74 members to participate in their new Mortgage Partnership Finance jumbo loan program.
November 11 -
BMW readied its third and biggest ever Chinese auto loan securitization.
November 11
