Only 8% of mortgage origination volume in the second quarter went to borrowers with credit scores of 660 or lower, according to a new study by researchers at the Federal Reserve Bank of New York.
-
The same tony New York City address, 11 Madison Avenue, is showing up in another commercial mortgage securitization sponsored by Deutsche Bank and Cantor Fitzgerald.
October 13 -
American Honda Finance Corp. is launching its fourth prime auto securitization this year.
October 13 -
Wells Fargo agreed to buy about $32 billion in assets from General Electric and take on about 3,000 employees as the industrial giant retreats from financial services.
October 13 -
Ally Financial plans to issue $700 million in bonds backed by near prime auto loans.
October 13 -
The Massachusetts Educational Financing Authority is planning to issue $75 million of private student loan revenue bonds.
October 9
-
Fannie Mae is selling $1.2 billion worth of nonperforming loans, in an attempt to give borrowers other options besides foreclosure.
October 9 -
Santander is marketing another $794.12 million subprime auto loan securitization via its SDART program.
October 9 -
Exeter Finance's $300 million subprime auto loan securitization closed off a busy week for the asset class that also saw deals sponsored by Westlake, DriveTime and Santander marketing.
October 9 -
Issuance volume of ABS, MBS and CMBS for the year through Oct. 8, 2015.
October 9 -
U.S. homeowners continue to take advantage of rising house prices to dig themselves out of the hole created by the Great Recession
October 9 -
Issuance of U.S. collateralized loan obligations fell again in September, amounting to $4.9 billion, according to Thomson Reuters LPC.
October 8 -
Citigroup is back with a second securitization of Prosper's marketplace loans.
October 8