Banco Santander is preparing another securitization of high leveraged, prime residential, Spanish mortgage loans to be issued from its Fondo de Titulizacion de Activos trust.
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Only 8% of mortgage origination volume in the second quarter went to borrowers with credit scores of 660 or lower, according to a new study by researchers at the Federal Reserve Bank of New York.
August 13 -
Two auto loan securitizations, a prime deal from Honda and one slightly less prime deal from Ally, priced on Wednesday.
August 13 -
First Investors plans to issue $210 million of subprime auto loan securities from its second deal this year.
August 13 -
Santander Consumer is marketing a fourth offering of bonds backed by subprime auto loans from its Santander Drive Auto Receivables Trust.
August 13
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Issuance of European CLOs is running ahead of last years pace, and analysts at Bank of America expect this to continue, despite a recent drop in the origination of new loans.
August 12 -
Mars Capital Finance is returning to market with a securitization of U.K. nonconforming and reperforming owner-occupied and buy-to-let mortgage loans, according to Standard & Poors.
August 12 -
Wells Fargo plans to securitize a $716.3 million pool of commercial mortgage backed securities, according to Fitch Ratings.
August 12 -
While issuance of Spanish covered bonds has fallen over the past couple of years, the credit quality of these programs has been improving.
August 12 -
Ocwen Financial's internal review group is "independent," and the Atlanta servicer is in compliance with the national mortgage settlement, settlement monitor Joseph A. Smith said Tuesday.
August 11 -
The delinquency rate for commercial mortgage-backed securities was little changed from June to July, according to Fitch Ratings.
August 11 -
Delta Air Lines is in the market with a $500 million airplane securitization, according to an SEC filing by the company.
August 10


