Volkswagen Finance China, a unit of Volkswagen Financial Services AG, has priced its second static cash securitization of Chinese auto loan receivables.
-
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 -
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 -
GMAC-SAIC Automotive Finance Co. is rolling out a RMB 3 billion ($470 million) securitization of short-dated Chinese auto loans, according to Moodys Investors Service.
August 31


