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California Gov. Jerry Brown violated state law by diverting more than $331 million in mortgage settlement funds for uses unrelated to housing, a Superior Court judge ruled.
June 15 -
Citi and Renew Financial recently closed the first ever securitization under the Warehouse for Energy Efficiency Loans.
June 15 -
Freddie Mac is preparing its fifth offering of risk-sharing notes of the year and the second with exposure to actual mortgage losses.
June 15 -
Westlake Financial Services and American Credit Acceptance both launched their second subprime auto securitizations of the year.
June 15 -
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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
