JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.
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Moodys Investors Service is giving investors and sponsors more time to review proposed changes to its methodology for rating bonds backed by federally guaranteed student loans.
September 3 -
The Puerto Rico Electric Power Authority has reached a deal with forbearing bondholders to reduce its $9 billion in debt by swapping outstanding bonds for one of two kinds of securitizations, receiving 85% of their existing claims.
September 2 -
Dutch mortgage lender Obvion, which is a subsidiary of Rabobank, is marketing a securitization backed by Dutch residential mortgage and construction loans.
September 2 - Europe
NewStar Financial has launched a $400 collateralized loan obligation that complies with European risk retention standards, according to Fitch Ratings.
September 2
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Commercial Credit Group (CCG) is marketing $309 million of securities backed by construction, transportation and waste management equipment loan and lease contracts.
September 2 -
Two Harbors Investment Corp. is preparing yet up another securitization of fixed-rate, 30-year jumbo mortgages to borrowers with strong credit, according to Kroll Bond Rating Agency and Fitch Ratings.
September 1 -
The commercial mortgage-backed securities delinquency rate rose in August, reversing an improvement in the rate in July, according to Trepp.
September 1 -
American Homes 4 Rent is sticking with a feature that reduces refinancing risk in its upcoming single family rental (SFR) securitization, according to Kroll Bond Rating Agency.
September 1 -
Losses on subprime auto loan portfolios havent increased at nearly the same rate as delinquencies thanks to the increased regulatory scrutiny over subprime lending and securitization, says Standard & Poors.
September 1 -
As banks await an expansion of data they must give regulators to capture mortgage lending patterns, pressure is building on the Consumer Financial Protection Bureau to advance similar requirements for small-business lending.
August 31 -
Mortgage securitizer Ginnie Mae could get hit if a proposed deadline for filing claims on FHA-insured loans goes into effect.
August 31


