Flagship Credit Acceptance and CarFinance subprime auto loans are to be pooled together for the first time under a single securitization platform, since the two lending platforms were merged on January 1, 2015.
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OneMain Financial, the consumer lending business owned by Citigroup, returns with its third securitization of the year that is backed by a portfolio of non-prime and subprime personal loans, according to DBRS.
September 23 -
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Dutch mortgage lenders NN Bank and NN Leven plan to sell bonds backed by a portfolio of residential mortgage assets worth 595 million ($666 million), according to Moodys Investors Service.
September 23 -
While Congress has been unable to pass housing finance reform, Fannie Mae and Freddie Mac have done a good job of adhering to some of the spirit of recent bipartisan legislation, according to Mark Zandi, chief economist at Moody's Analytics.
September 23 -
Why managers of collateralized loan obligations aren't "sprinting and printing" new deals.
September 22
- Europe
Volkswagens decision to halt sales of diesel cars in the United States that are involved in a recall puts bonds backed by dealer floorplan financing at risk
September 22 -
Hertz Corp. is marketing a $230 million auto rental fleet securitization, according to Fitch Ratings.
September 22 -
CommonBond has expanded its student loan refinancing program to more than 2,000 universities at the graduate and undergraduate levels.
September 22 -
Creditors are more willing to offer loans to subprime lenders so far this year, Equifax announced Monday.
September 22 -
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.
September 21 -
A second bank, Morgan Stlaney, is marketing commercial mortgage bonds backed by a portfolio of self-storage facilities
September 21 -
Wells Fargo is marketing another commercial mortgage securitization that relies on a few, high-quality loans to boost the overall credit metrics.
September 21



