Prestige Financial Services, a privately held subprime auto lender, is looking to spark growth by offering credit directly to consumers over the Internet.
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Hotels feature heavily in the collateral pool that backs the latest Deutsche Bank and Cantor Fitzgerald-led conduit CMBS.
November 2 -
A slowdown in cigarette consumption declines, a settlement in New York with the big tobacco companies, and strong demand for risk assets is supporting a rally in the high-yield tobacco bond sector
November 2
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Issuance totals for ABS, MBS and CMBS for the year through Oct. 29, 2015.
October 30 -
Deutsche Bank is exiting agency residential mortgage-backed securities trading as part of a larger strategic plan announced Thursday that cuts thousands of positions in numerous business lines worldwide.
October 30 -
Paragon mortgage plans to issue £100 million worth of bonds backed by U.K. buy-to-let mortgages, according to Moody's Investors Service.
October 30
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Nissan Motor Acceptance Corp. is marketing its second auto lease securitization of the year.
October 30 -
Commercial real estate lender Hunt Mortgage Group has hired Amy Shah to build and launch a collateralized loan obligations platform.
October 30 -
A top Treasury Department official expressed concern Thursday that small-business owners don't have adequate protections when borrowing from online lenders.
October 30 -
Barclays and Discover Bank are adding credit card deals to the mix of consumer debt securitization this week, according to Fitch Ratings.
October 29 -
Two auto loan securitizations from AmeriCredit Financial Services and Bank of the West launched today.
October 29 -
Porsche Financial Services has increased exposure to some of its most expensive nameplates in its latest lease securitization.
October 29 -
Santander Consumer USA Holdings plans to exit personal lending and focus primarily on its auto-finance business.
October 29