The Latest

Clydesdale Bank announced the latest series of notes to be issued from its U.K. RMBS master trust program, Lanark that will offer both U.S. dollar and sterling tranches.

Lewtan said today that Miten Amin joins the firm as director of market applications and Youriy Koudinov joins as director of market applications and securitized products research.

The delinquency rate for legacy CMBS transactions rose in May after having posted its low reading in the previous month, according to Credit Suisse.

Sallie Mae’s proposal to split itself into two publicly traded separate entities -- an education loan management and a consumer banking company -- would be neutral to mildly positive for the company’s ABS.

Nationstar plans to issue over $2 billion in servicer advance and deferred servicing fee receivables-backed bonds.

Ford Motor Credit wants to further reduce its reliance on the asset-backed market, according to Sam Smith, director of long-term funding and securitization.

Fitch Ratings see a growing risk of weaker enforcement of mortgage contracts in Spain.

The Consumer Financial Protection Bureau is pushing for private student lenders and the government to help lower payments for borrowers after receiving thousands of complaints from consumers.

European collateralized loan obligations issued pre-financial crisis are nearing the end of their reinvestment periods, yet the maturities of the loans that serve as collateral continue to shift further out into the future.