The Latest

The housing industry's positive reaction to the Consumer Financial Protection Bureau’s (CFPB) "qualified mortgage" rule, which governs mortgage underwriting, is prompting cautious optimism that a related securitization rule may also turn out better than expected.

Diamond Resorts completed its $93.56 million timeshare securitization, Diamond Resorts Owner Trust 2013-1.

CoreLogic today unveiled its bond assessment service for non-agency residential mortgage-backed securities (RMBS).

Nationstar Mortgage plans a $900mn mortgage servicer advance asset-backed securitization this month, according to a Standard & Poor’s presale report.

American Realty Capital announced the senior management hires of Donald MacKinnon and Nicholas Radesca joined its debt capital markets and corporate finance team.

Avolon plans to partner with Wells Fargo, to form a new joint-venture aircraft leasing business called Avolon Capital Partners Limited.

WE’RE HEARING there’s no easy way to get a high rating on an REO-to-rental securitization. But a strong sponsor helps.

Frequent issuer Credit Suisse Asset Management is planning a $747.5 million CLO; there's also a $474.9 million offering from Western Asset Management, which hasn’t come to market since the financial crisis.

Moody's Investors Service put the ratings of some $20 billion of tobacco settlement revenue bonds under review, saying an agreement over disputed payments could reduce cash flows.