Fannie Mae is planning to follow the lead of its rival, Freddie Mac, and offer securities with exposure to actual losses on the single-family mortgages that it ensures.
-
B2R Finance, a firm that lends to rental property investors, has appointed Darren Thompson as chief financial officer and executive vice president of strategy.
July 16
-
Enterprise is prepping $650.1 million of bond backed by auto fleet leases, according to Fitch Ratings.
July 16 -
Santander Consumer USA Holdings named Blythe Masters nonexecutive chairman, replacing the executive who quit the post less than two weeks ago
July 15
-
Morgan Stanley and Bank of America Merrill Lynch are marketing another highly leveraged commercial mortgage securitization, according to Kroll Bond Rating Agency.
July 15
-
World Omni Financial Corp. is in the market with $687.59 million of notes backed by auto leases, according to Fitch Ratings.
July 15 -
The Credit Insurance Risk Transfer (CIRT) 2015-1 shifts the risk of default on a billion pool of residential mortgages to an unnamed panel of reinsurers.
July 14 -
The chance a loan backing U.K. CMBS will default is bumped up once the loan-to-value (LTV) ratio exceeds 60%.
July 14 -
Entergy New Orleans has secured a triple-A rating for its $98.73 million offerings of bonds backed by storm recovery fees.
July 14 -
Bonds issued to finance student loans will not become taxable if their issuer takes action to cease being a qualified scholarship funding corporation, the Internal Revenue Service said.
July 14
-
BMW Financial Services is marketing $833.9 million of securities backed by receivables collected from lines of credit it makes to retail automotive dealerships.
July 14 -
Goldman Sachs is marketing $1 billion of commercial mortgage bonds with heavy exposure to retail properties in secondary and tertiary markets, according to Kroll Bond Rating Agency.
July 13
