The CLO industry would love to have more explicit guidance from regulators on rules requiring managers to keep skin in the game of these deals; unfortunately, that guidance is not likely to come any time soon.
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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 -
Federal Housing Administration closes loophole for student debt in revamped lender handbook.
November 10
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Kensington Mortgage plans to pool another £281.1 million ($424 million) of its U.K. prime RMBS loans under its Gemgarto master trust.
November 10 -
After declining in each of the three previous months, issuance of U.S. collateralized loan obligations picked up in October to $8 billion, its highest level since June, according to Thomson Reuters LPC.
November 10 -
Freddie Mac has launched an auction of $1.2 billion of nonperforming loans, while Fannie Mae has announced the two winners of its recent auction of $1.24 billion of nonperforming loans.
November 10 -
Invitation Homes chose to exercise an option to extend the term of a loan backing the first single family rental securitization.
November 10
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Barclays and JPMorgan are both forecasting a decline in issuance of collateralized loan obligations next year, citing a variety of regulatory and market headwinds tamping down demand for the securities.
November 9 -
Goldman Sachs and Cantor Fitzgerald's next conduit securitization will depend on 590 Madison Avenue to boost the credit credentials of its collateral pool.
November 9 -
Several private-equity-backed lenders are making loans to small landlords, who represent the biggest chunk of the home-rental market and get less help from Fannie and Freddie than they once did.
November 9
