Finance

A swaps rule set to take effect in 2016 could make it securitization more expensive, raising funding costs for businesses and consumers.

Covered bonds may not be a lost cause in the U.S. after all.

Wells Faro is marketing $774 million of securities backed by a pool of 62 commercial mortgage loans that are in turn secured by 73 properties.

TCF Bank is marketing its third auto loan securitization, according to Standard & Poor’s

Four Federal Home Loan Banks have recruited 74 members to participate in their new Mortgage Partnership Finance jumbo loan program.

BMW readied its third and biggest ever Chinese auto loan securitization.

Federal Housing Administration closes loophole for student debt in revamped lender handbook.

Kensington Mortgage plans to pool another £281.1 million ($424 million) of its U.K. prime RMBS loans under its Gemgarto master trust.

After declining in each of the three previous months, issuance of U.S. collateralized loan obligations picked up in October to $8 billion, its highest level since June, according to Thomson Reuters LPC.

Freddie Mac has launched an auction of $1.2 billion of nonperforming loans, while Fannie Mae has announced the two winners of its recent auction of $1.24 billion of nonperforming loans.

Invitation Homes chose to exercise an option to extend the term of a loan backing the first single family rental securitization.

Barclays and JPMorgan are both forecasting a decline in issuance of collateralized loan obligations next year, citing a variety of regulatory and market headwinds tamping down demand for the securities.

Goldman Sachs and Cantor Fitzgerald's next conduit securitization will depend on 590 Madison Avenue to boost the credit credentials of its collateral pool.

Several private-equity-backed lenders are making loans to small landlords, who represent the biggest chunk of the home-rental market and get less help from Fannie and Freddie than they once did.

Lone Star plans to tap the securitization market with a portfolio of commercial real estate assets it acquired this year from real estate investment trusts, according to Fitch Ratings.

Redwood Trust’s fourth residential mortgage securitization of the year is backed entirely by 15-year, fixed-rate loans.

Did student loan servicer Nelnet took advantage of a sharp selloff in student loan backed securities during the third quarter to add to its holdings?

Morgan Stanley and Bank of America's latest conduit CMBS securitizes a portion of a $249 million loan that is secured by a portfolio of U-Haul properties.

Santander Consumer Bank plans to issue bonds backed by Norwegian auto loans receivables under its Bilkreditt trust.