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First-day panelists at the Structured Finance Association's annual ABS industry conference in Las Vegas speculate on securitization's potential as a new financing mechanism for oil and gas operators.
By Glen FestFebruary 24 -
Vague criteria and potential "greenwashing" complicate sustainable investments in securitizations, new research suggests.
By Glen FestFebruary 20 -
SoFi Professional Loan Program 2020-B Trust is a $1.06 billion asset-backed offering of bonds secured by a pool of loans made to advanced-degree graduates of medical, dental or legal universities, or MBA recipients.
By Glen FestFebruary 19 -
Over 67% of the loan balances in Sabal Capital Partners' commercial mortgage MBS deal were for apartment buildings financed through the Irvine, Calif.-based firm.
By Glen FestFebruary 19 - asr daily lead
A proposed change could resurrect bond buckets, but loan industry observers also point to "covered fund" changes shielding loans from a potentially disruptive court decision.
By Glen FestFebruary 18 -
The notes in Citigroup Commercial Mortgage Trust 2020-555 are backed by a beneficial interest in the trust’s $350 million portion of the 119-month fixed-rate commercial loan. The loan is secured by a 52-story New York luxury apartment building in Manhattan’s Midtown West submarket.
By Glen FestFebruary 18 -
American Honda Finance's 78th term securitization has a potential upsizing to $1.62 billion - a similar option the captive-finance lender has taken in recent transactions.
By Glen FestFebruary 18 -
Five MBS pools of predominantly non-QM mortgages have been launched into the market by originators and loan aggregators, according to ratings agency presale reports published since Monday.
By Glen FestFebruary 13 -
CBAM Partners co-founder Don Young retells the firm's fast rise into one of the larger CLO managers, and discusses the state of the market.
By Glen FestFebruary 12 -
Total Engine Asset Management, or TEAM, is sponsoring an ABS totaling $$256.98 million backed by leases and asset values of 30 engines on lease (or contracted to lease) to 13 airlines in 11 countries.
By Glen FestFebruary 11 -
The bank priced $1 billion in new fixed-rate Class A notes from its Chase Issuance Trust platform.
By Glen FestFebruary 10 -
The Ford Credit Auto Owner Trust 2020-REV1 transaction is Ford’s 12th under its platform that permits revolving assets during the pre-amortization period of the transaction.
By Glen FestFebruary 10 - New Flagship ABS issue drops prefunding limit on extended-term loans
According to presale reports on Flagship’s $355 million auto-loan securitization, the subprime auto lender is removing the 2% collateral pool limit on loans over six years (72 months) that can be added during a three-month prefunding period for Flagship Auto Credit Trust 2020-1.
By Glen FestFebruary 6 -
The lease deal – Santander’s sixth ABS of Chrysler Capital leases since 2017 – has a higher proportion of leases with original terms longer than 36 months (44.5%) than prior deals through the platform.
By Glen FestFebruary 5 -
Fitch Ratings has moved three of its managing directors into new roles leading the U.S. RMBS and structured credit teams, including a new global role in developing enhanced analytics across multiple asset classes.
By Glen FestFebruary 5 -
The 38.5% concentration of 'A' borrowers is the highest of any prior 11 LendingClub securitizations, according to Moody's.
By Glen FestFebruary 5 -
The 34 narrowbody and widebody aircraft in the portfolio are older-vintage planes with a weighted average age of 13.8 years, but all but one of the planes remains an in-production model.
By Glen FestFebruary 4 -
Sunnova Energy Corp. is marketing $313.5 million in bonds secured by receivables of a pool of residential solar-panel leases and power-purchase agreements issued in 20 states and three U.S. territories.
By Glen FestFebruary 3 -
The data management and analytics firm has tapped Craig Phillips, a former top aide to U.S. Treasury Secretary Steven Mnuchin, as a senior adviser for the five-year-old firm’s business and product development activities in the mortgage loan space.
By Glen FestFebruary 3 -
Toyota Motor Credit Co. is sponsoring a $1.25 billion loan-backed transaction (potentially upsized to $1.75 billion), while regional Toyota captive finance lender World Omni Finance Corp. is sponsoring an auto-lease deal at either $766.5 million or $962.9 million.
By Glen FestFebruary 3
















