The Latest

American Express plans to issue $578 million of securities backed by credit card receivables in its second securitization of the year.

There’s little evidence to support that new RMBS issuers can, or will want to, repurchase problem bonds under Rep & Warranties provision, according to a Standard & Poor’s report.

Sava, the fifth largest operator a of nursing homes in the U.S., is in the market with a $260 million of senior notes backed by a two-year, floating rate mortgage loan that is secured by 167 skilled nursing facilities, according to Fitch Ratings.

Sixty percent of CLO managers, arrangers and investors believe that this year’s issuance volume will surpass 2013’s near-record volume – and some believe it may even top the pre-crisis high-water mark.

Colony American Homes priced the five-year ‘AAA’ tranche of its second single family rental securitization in line with the other four single-family rental securitization deals that have been issued since last November’s inaugural Blackstone securitization of the asset class

Investors who purchased hundreds of billions of dollars of mortgage bonds issued before the financial crisis will soon find out whether they can proceed with claims that sponsors of these deals misrepresented the quality of the underwriting.

Deutsche Bank and Cantor priced an $863 million securitization of 49 commercial mortgage loans secured by 60 properties, according to a regulatory filing.

J.P. Morgan plans to sell $303 million of rated securities that are backed entirely by a pool of 15-year, prime, jumbo, fixed-rate mortgages under its securitization trust J.P. Morgan Mortgage Trust 2014-2.

The nonperforming residential mortgage market is hot, and may be getting a little too hot, with bidding extremely competitive, loan sales advisors say.

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.