Oportun, a nonbank lender that targets Latino consumers, has completed its fourth securitization and the first one with a credit rating, from Kroll.
-
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 -
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
