Prosper Marketplace, the first peer-to-peer lender in the U.S., is planning to charge an extra fee to investors who want to bundle its loans into bonds in order to offset its increased costs from the securitization process.
- Europe
Navient is marketing a $700 million private student loan securitization, according to Standard & Poors.
August 4 -
Deutsche Bank and Cantor Fitzgerald have launched another commercial mortgage securitization that relies on a few large, relatively high quality loans to offset the weaker credit quality of the rest of the pool
August 3 -
Two Harbors Investment Corp. is teeing up another securitization of fixed-rate, 30-year jumbo mortgages to borrowers with strong credit, according to Kroll.
August 3 -
Freddie Mac has launched its first securitization of small-balance loans on multi-family properties.
August 3 -
Securitization expert Rupert Wall joined Sidley Austin LLP as a partner in the law firms global finance practice in London.
August 3
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Citigroup is being investigated over its student-loan servicing practices in a probe that the bank said echoes an enforcement action against at least one other institution.
August 3 -
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Issuance volume of ABS, MBS, and CMBS for the year through July 31, 2015.
August 2 -
NewStar Financial plans to securitize a $97.8 million pool of commercial small, mid and large-ticket equipment leases and loans.
July 31 -
Ocwen Financial is "optimistic" that it will eventually get back to purchases of mortgage servicing rights based on discussion its had with regulators in New York and California.
July 31 -
Santander Consumer USA Holdings isn't backing off of its aggressive play for borrowers with blemished credit, even as the company's auto lending practices remain under intense scrutiny from regulators
July 31
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AmeriCredit Financial Services, the subprime lending subsidiary of General Motors Financial, is shopping another $1 billion of auto loan-backed securities.
July 30
