Multi-issuer Spanish covered bonds are benefiting from an ongoing shift in the composition of assets in cover pools, according to Fitch Ratings.
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U.S. CLO issuance fell in August, for the second consecutive month, to $6 billion, according to Thomson Reuters.
September 9 -
Deutsche Bank, Morgan Stanley and Wells Fargo plan to securitize a $1.8 billion loan that is secured by 11 Madison Ave.
September 8 -
Prestige Financial Services, a privately held subprime auto lender, is looking to spark growth by offering credit directly to consumers over the Internet.
September 8 -
UBS and Bank of America Merrill Lynch are marketing $708 million of bonds backed by 42 mortgage loans that are secured on 57 properties.
September 8 -
J.D. Byrider is marketing a $131 million subprime auto loan securitization.
September 6
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Issuance totals of ABS, MBS and CMBS for the year through Sept. 4, 2015.
September 4 -
Federally guaranteed student loans are supposed to be a bulletproof asset class for securitization, but investors are learning that they can't be sure exactly when they will be repaid.
September 4 -
Hyundai Capital America is marketing $990.5 million of securities backed by prime auto loans.
September 4 -
Leeds Building Society is marketing securities backed by a £700 million pool of U.K. prime residential mortgages from the issuers Albion U.K. RMBS trust.
September 3 -
Volkswagen Financial Services U.K. is pooling £750 million of U.K. auto loans to back sterling denominated bonds issued from its UK Driver trust.
September 3 -
Banks are seeing steady growth in consumer loan demand nationwide, particularly in auto loans and mortgages, according to a report released Wednesday by the Federal Reserve Board.
September 3 -
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

