The Western Riverside Council of Governments latest securitization of Property Assessed Clean Energy (PACE) bond priced ten basis points wider than the issuers previous bond issued in April.
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Issuance totals for ABS, MBS and CMBS for the year through Sept. 25, 2015.
September 25 -
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Synchrony Financial is marketing two offerings of notes backed by credit card receivables through its Synchrony Credit Card Master Trust.
September 25 -
AES Distributed Energy is testing the waters for financing commercial solar projects in the securitization market.
September 25 - Europe
Fannie Mae has completed a credit risk sharing transaction that transfers the actual losses on mortgages it ensures to reinsurers, as opposed to capital markets investors.
September 25
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American Credit Acceptance has increased the number of loans with higher credit scores in the collateral pool backing the sponsor's third subprime securitization of 2015.
September 24 -
Colony American Finance appointed Christopher Hoeffel as Chief Financial Officer, according to a company press release.
September 24 -
Truly privatizing mortgage risk requires transferring the risk of actual losses to the capital markets.
September 24 -
Cerberus Capital Management increased the credit enhancement on its next bond offering backed by a portfolio of re-performing residential mortgage because the sponsor has also increased risk in the collateral pool.
September 23 -
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

