The Latest

Ditech Financial is returning to the securitization market to fund advances of principal and interest payments to mortgage bondholders.

Citigroup is marketing a $917 million commercial mortgage securitization, according to rating agency presale reports.

The portfolio’s structure includes a €930 million Class A notes stack carrying a floating rate coupon and provisional triple-A ratings from DBRS and Moody’s Investors Service.

Beleaguered subprime auto lender Santander Consumer USA is once again restating its financial results dating to 2013.

In the previous three years, DriveTime has not exceeded three auto loan securitizations in one year. With three months remaining in 2016, the subprime auto lender is already on deal No. 4.

Navistar Financial Dealer Note Master Owner Trust II Series 2016-1 is a $250 million notes transaction split into four classes of notes. It matches tranche-for-tranche and dollar-for-dollar the structure of its previous transaction in July 2015.

Issuance volume of asset-backed securities for the year through September 23, 2016.

Underwriting league tables for asset-backed securities for the year through September 23, 2016.

In its new 2016-4 transaction, Towd is collateralizing 3,383 formerly troubled loans with a pool balance of $649.21 million into a nine-note structure. The pool includes 39% “dirty current” loans, or those which are paid up-to-date, but have had a recent delinquency or incomplete paystring.