Navient amended another 16 of its securitization trusts, backed by federally guaranteed student loans that are under review for downgrade, to give the sponsor the option to purchase up to 10% of the student loans in those trusts; as well as to provide loans to the trust under a revolving credit agreement (RCA).
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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 -
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
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Lone Star plans to tap the securitization market with a portfolio of commercial real estate assets it acquired this year from real estate investment trusts, according to Fitch Ratings.
November 9 -
Redwood Trusts fourth residential mortgage securitization of the year is backed entirely by 15-year, fixed-rate loans.
November 9 -
Issuance volume for ABS, MBS and CMBS for the year through November 6, 2015.
November 9 -
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Did student loan servicer Nelnet took advantage of a sharp selloff in student loan backed securities during the third quarter to add to its holdings?
November 9 -
Morgan Stanley and Bank of America's latest conduit CMBS securitizes a portion of a $249 million loan that is secured by a portfolio of U-Haul properties.
November 6 -
Santander Consumer Bank plans to issue bonds backed by Norwegian auto loans receivables under its Bilkreditt trust.
November 6

