Finance

Dutch mortgage lender Obvion, which is a subsidiary of Rabobank, is marketing a securitization backed by Dutch residential mortgage and construction loans.

Mortgage securitizer Ginnie Mae could get hit if a proposed deadline for filing claims on FHA-insured loans goes into effect.

GMAC-SAIC Automotive Finance Co. is rolling out a RMB 3 billion ($470 million) securitization of short-dated Chinese auto loans, according to Moody’s Investors Service.

Citigroup subsidiary Dukinfield Mortgages, formerly known as Future Mortgages, plans to offer £485 million ($747 million) of securities backed by non-conforming, residential U.K. mortgages.

Midgard Prosjekt I ASA (to be renamed Skandiabanken Boligkreditt) plans to offer NOK17 million ($2.05 million) of covered bonds backed by a NOK13 billion pool of Norwegian residential mortgages.

Joshua Baumgarten will leave The Blackstone Group in 2016 for Angelo, Gordon & Co. where he has been named head of credit.

Caja Rural de Castilla-La Mancha plans to issue €700 million ($802 million) of Spanish covered bonds that are backed by a €1.96 billion pool of mortgages.

Real estate finance expert Brian Olasov has joined the Atlanta office of Carlton Fields Jorden Burt as executive director, financial services consulting.

As China’s economic slowdown roils global equity and commodity markets for the third straight session, securitization investors have just one concern: whether the Federal Reserve will end its’ near-zero interest rate policy in September.

Walker & Dunlop has hired Jeffrey Taschler, a veteran in commercial real estate lending and structured finance, as chief operating officer of its CMBS lending platform.

Social Finance Inc. has hired Joanne Bradford, a veteran of the technology and media industries, as chief operating officer.

The Treasury Department announced Tuesday that members of the public will have an additional month to submit comments about the online marketplace lending industry.

Once again the markets have fallen in love with a group of young, aggressive and not very regulated lenders.

Issuance of European CLOs is running ahead of last year’s pace, and analysts at Bank of America expect this to continue, despite a recent drop in the origination of new loans.

Mars Capital Finance is returning to market with a securitization of U.K. nonconforming and reperforming owner-occupied and buy-to-let mortgage loans, according to Standard & Poor’s.

While issuance of Spanish covered bonds has fallen over the past couple of years, the credit quality of these programs has been improving.