Finance

A Goldman Sachs affiliate submitted the winning bids in Fannie Mae's eighth nonperforming loan sale.

Park Hotels & Resorts, the real estate investment trust being spun out of Hilton Worldwide Holdings, is making another trip to the securitization market.

Banking industry lobbyists and representatives are practically salivating over the election results, convinced that Republican control of the White House and Congress will finally give them the opportunity to roll back key parts of the Dodd-Frank Act.

Santander Consumer USA is smoothing out risk factors in its latest deep-subprime vehicle loan securitization. Drive Auto Receivables Trust 2016-C is a $1 billion offering of deep-subprime new and used retail auto and light-truck loans originated by Santander.

Verizon’s second handset securitization transaction is initially sized at $1.4 billion, according to a Fitch Ratings

UpLift is the latest Silicon Valley startup seeking to peel off a slice of the $1 trillion credit card market.

Italian lender Agos Ducato S.p.A. is pooling the receivables from personal, auto, furniture and other-purpose loans totaling €1.34 billion.

The unresolved question of what to do with Fannie Mae and Freddie Mac – both in conservatorship since before Barack Obama's election – will loom large over the future Trump administration.

Select Portfolio Servicing, a unit of Credit Suisse, is markting $600 million of notes backed by the repayment rights to money it has advanced to mortgage bondholders.

Goldman Sachs has launched the first private label commercial mortgage securitization of the week, according to Kroll Bond Rating Agency.

Donald Trump’s victory drew inevitable comparisons to Britain’s vote to exit the European Union in June, but so far the election results have failed to produce the kind of volatility seen in June – much less the extreme moves in financial markets experienced in January

Structured credit firm ZAIS Group has hired two new executives to spearhead its collateralized loans obligation and other asset-backed businesses out of London.

The UK’s Towd Point Mortgage Funding trust has issued its latest transaction consisting of a large swathe of pre-crisis home loans still beset by delinquencies, or encumbered by variable rates and second-liens.

Verizon is making its second trip to the securitization market to help offset the expense of providing customers with financing for mobile phones.

TSASC, a local development corporation, is preparing to issue $1.024 billion of debt secured by tobacco settlement revenues, which cigarette companies pay as part of their 1998 settlement with 46 states, including New York.

Apollo Aviation Group priced its third aircraft securitization on Friday, October 28, 2016.

Lending Club reported a smaller loss in the third quarter as the San Francisco-based marketplace lender sought to move beyond a scandal that interrupted its rapid growth.

Credit Suisse is marketing $767 million of bonds backed by 53 mortgage that are secured in turn by 199 commercial properties, according to rating agency reports.

Issuance of U.S. collateralized loan obligations climbed to $8.4 billion (via 17 deals) in October, the highest monthly figure since June 2015, according to Thomson Reuters LPC.