A Freddie Mac and Fannie Mae mortgage servicing rights portfolio with approximately $10 billion of unpaid principal balance is now on the market
- Europe
Terex Corp., a manufacturer of heavy equipment, has closed on its first asset-backed commercial paper conduit.
June 1 -
Two recent transactions, one Irish and one Spanish, tested investor appetite for peripheral RMBS. The results suggests there arent likely to be many more.
June 1 -
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Lease expirations are up in collateral pools backing single family rental securitization and that could lead to higher vacancies and potentially lower cashflows.
May 29
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Louisiana Citizens Property Insurance Corp. issued $100 million of catastrophe bonds via a new shelf bond program, Pelican III Re.
May 29 -
JP Morgan and Barclays are marketing $984 million of commercial mortgage backed securities via JPMBB Commercial Mortgage Securities Trust 2015-C29.
May 29 -
Ally Bank upsized its recent securitization of receivables collected from lines of credit it makes to dealerships to $675 million. The deal priced on Thursday.
May 29 - Europe
Volkswagen is prepping a 500M French Auto Loan Securitization, its second in 20 months.
May 29 - Europe
BNY Mellon's corporate trust business has already participated in as many securitizations of marketplace loans in the first quarter of 2015 as it did for all of 2014.
May 28 -
Hyundai plans to issue a second round of securities backed by auto lease receivables this year.
May 28 -
Huntington National Bank and Gatewy One Lending & Finance are marketing auto loan securitization deals that offer investors bonds backed by prime and near prime loans.
May 28