Zurich Insurance is markting a transaction called Willow No.2 (Ireland) that repackages subordinate notes previously issued by the Swiss multi-line insurer.
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Santander Consumer USA is marketing its third subprime auto loan securitization of the year under its Santander Drive Auto Receivables Trust (SDART) program.
June 12 -
Theres been plenty of talk about the potential benefits of hiring a third party to monitor the quality of collateral in residential mortgage-backed securities, but so far, no action.
June 12 -
Nissan Motor Acceptance Corp is preparing to issue $750 million of securities backed by auto lease, according to a deal document.
June 12 -
Access Point Financial priced the first securitization of loans made to hotel franchisees that are secured by by furniture, fixtures, and equipment.
June 12 -
GM Financial, the captive auto-financing arm of General Motors, sold all but the class A2 notes of its sophomore auto lease securitization at wider spreads relative to its inaugural securitization issued in March.
June 12
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A dramatic last-minute drop is occurring in a corner of the market for collateralized loan obligations ahead of a deadline for U.S. banks to get rid of some of their holdings.
June 12 -
Volkswagen Finance China (VWFC), a wholly owned subsidiary of Volkswagen Financial Services AG, is planning its second static cash securitization of Chinese auto loan receivables
June 11 -
The number of borrowers who are behind on private student loan payments has fallen to the lowest level since before the financial crisis, when many banks exited the business.
June 11 -
SunTrust Bank is marketing its inaugural prime auto loan securitization.
June 11 -
Redwood Trust's latest securitization, Sequoia Mortgage Trust 2015-3 includes 26 loans, or 6% of the pool, that fall outside of the qualified mortgage guidelines.
June 11 -
Toyota Motor Credit Corp. priced its second ever green auto loan securitization wide of the issuers first deal. However the transaction priced within the pricing spread of the most recent benchmark issue.
June 11 -
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.
June 11
