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The National Association of Insurance Commissioners will extend Morningstar Credit Ratings designation on the NAIC credit rating provider list to all mortgage-backed securities and asset-backed securities.
June 27 -
Santander Consumer Bank priced its first securitization of Polish assets the PLN1.4 billion ($448 million) Polish auto ABS, SC Poland Auto 2014-1.
June 26 -
The Office of the Comptroller of the Currency sounded the alarm again Wednesday about two key areas in which it sees heightened risks from expanding portfolios: indirect auto lending and leveraged lending.
June 25 -
Santander Consumer Bank S.A. plans to issue its first public Polish securitization a PLN1.4 billion ($46 million) transaction that is backed by a portfolio of Polish auto and rental-purchase loans.
June 20 -
Italian-based consumer credit company, Consel S.p.A plans to issue a 372 million consumer loan securitization dubbed Monviso 2014 s.r.l.
June 19 -
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Volkswagen has obtained ratings from both Fitch Ratings and Moodys Investors Service on its $800 million renminbi ($128 million) securitization of Chinese auto loans.
June 3 -
Milan-based Agos Ducato plans to issue securities backed by a 1.35 billion portfolio of unsecured consumer loan receivables, according to DBRS.
May 28 -
A subsidiary of Ford Motor Credit has become the first wholly foreign owned auto finance company to securitize auto loans in China.
May 27
