Finance

Alcentra is the third manager in January to seek out a refinancing for one of its European collateralized loan obligation deals, according to a presale report from Standard & Poor’s.

OneMain Holdings has gained a two-notch ratings promotion for its second overall subprime securitization of cash-out refi auto loans.

The Mortgage Bankers Association unveiled a new housing finance reform plan on Tuesday designed to kick-start congressional discussions over what to do with Fannie Mae and Freddie Mac.

The State Board of Regents of the State of Utah plans to issue $418 million of bonds backed by federally guaranteed student loans.

Late payments on securitized commercial mortgages fell modestly in January, bucking the recent trend.

JPMorgan Chase is securitizing its first batch of CHASEseries notes backed by credit card receivables this year in a $900 million single-class series transaction, according to a regulatory filing.

A federal appeals court ruled Monday that the Treasury Department will have to hand over more documents to investors of Fannie Mae and Freddie Mac related to its profit sweep of the two government-sponsored enterprises.

Citigroup's decision to leave the mortgage-servicing business by the end of 2018, is part of a long-term strategy to increase returns and sharpen the bank's focus on its core retail customers.

Cerberus Capital Management is marketing its first securitization of re-performing mortgages of the year.

As costs continue to fall, homeowners are increasingly opting to purchase solar photovoltaic systems, rather than allowing a developer to pay for installation and entering into a long-term power purchasing agreement.

Citigroup's plan to sell a $97 billion mortgage servicing portfolio and subservice its remaining accounts highlights the growing prevalence of nondepository servicers and raises questions about how much capacity exists for these institutions to absorb more large deals.

The American Bankers Association has been searching for an online platform to allow its member banks to get into the digital lending business.

SoFi Lending Corp. is launching its first offering of the year of bonds backed by private loans refinancing student debt.

With new management at the helm, Exeter Finance Corp. spent the past year trying to halt a slide in credit quality, profits and the performance of its $3 billion-plus subprime auto loan portfolio.

Banks are Keeping Skin in this Conduit CMBS

Jefferies Group has added a third lender to its latest securitization of a mortgage warehouse facility.

A Dubai-based aircraft fleet owner is issuing its first rated securitization of loans to purchase a new series of older passenger jets that it will lease to 13 airlines globally.

Non-prime mortgage securitization has roughly doubled each of the last two years, and it shows no signs of stopping, according to a new report issued Wednesday by Fitch Ratings.

Invitation Homes, the real estate investment trust controlled by private equity firm the Blackstone Group, has found a new source of financing for its portfolio of single-family rental homes: Fannie Mae.