Heightened regulatory scrutiny isnt putting the breaks on subprime auto lending. Yet another player, GO Financial, is tapping the securitization market to fund more loans.
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Freddie Mac has obtained two more reinsurance policies transferring risk of default on mortgages that it insures.
July 9 -
J.P. Morgan and Barclays latest CMBS conduit is office property heavy.
July 9 -
Oportun, a nonbank lender that targets Latino consumers, has completed its fourth securitization and the first one with a credit rating, from Kroll.
July 9 -
Navistar Financial Corp., a wholly owned subsidiary of Navistar, Inc., is planning a $250 million dealer floorplan securitization.
July 9
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JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.
July 8 -
Volkswagen Finance China, a unit of Volkswagen Financial Services AG, has priced its second static cash securitization of Chinese auto loan receivables.
July 8 -
Sporting goods retailer Cabelas is marketing another $400 million of notes from its Credit Card Master Note Trust.
July 8 - Europe
Barclays Plc Chairman John McFarlane, barely two months into the job, ousted Chief Executive Officer Antony Jenkins and pledged to tackle a "cumbersome and bureaucratic" bank.
July 8 -
The car-sharing culture is growing, and financial institutions are starting to take notic
July 8 -
Moodys Investors Service today put out a report saying that listing Chinese collateralized loan obligations on local stock exchanges would be a boon to bank issuers.
July 7 - Europe
After slowing in May to $5.66 billion, U.S. CLO issuance bounced back to $11 billion in June, bringing total volume for the first half of the year to $58.3 billion, according to Thomson Reuters.
July 7




