Finance

Milan-based Agos Ducato, a subsidiary of Credit Agricole, plans to issue securities backed by a €1.5 billion ($1.87 billion) portfolio of unsecured Italian consumer loan receivables.

Morningstar thinks that there is a way to stop issuers of asset-backed securities from shopping around for the best ratings: compel them to publicly disclose the level of credit enhancement required by each rating agency for each tranche.

Intu, the UK shopping centers company, sold its £350 million ($556 million), 16 year, commercial mortgage backed bond on Wednesday.

The Blackstone Group’s Invitation Homes priced its third securitization of this year at significantly wider levels than its previous deal.

Intu SGS Finance plans to issue an additional £350 million ($559M) worth of commercial mortgage backed securities from its financing program.

Impact Community Capital is marketing a small balance commercial loan securitization that will offer investors $189 million in ‘AAA’ rated securities that are guaranteed by Freddie Mac, according to DBRS.

U.K. buy-to-let lender, Paragon Mortgages is working on a residential mortgage backed securitization deal, according to Standard & Poor’s.

LeasePlan Nederland N.V. plans to sell €537 million of securities backed by Dutch auto leaseinstallment receivables and residual value cash flows.

Moody’s Corp. has acquired Lewtan Technologies, a leading provider of analytical tools and data for the global structured finance market.

Risky mortgage lending may have triggered the financial crisis, but final risk retention rules go much easier on mortgages than securitizations of other kinds of assets.

U.S. regulators finalized a securities risk retention rule on Tuesday designed to set the stage for the future of the secondary mortgage market.

Regulators are finally ready to unveil a final risk retention rule, but whether the new regulation provides enough certainty to jumpstart the mortgage securitization market is an open question.

Volkswagen in marketing €743.3 million ($950M) of securities backed by German auto loans.

Freddie Mac Brings 2 More deals to market sharing the credit risk in residential mortgages that it guarantees.

Regulators will unveil a long-awaited final rule next week that requires lenders to retain some of the risk for loans they securitize, a critical part of the Dodd-Frank Act that the agencies have struggled to implement.

The Blackstone owned, single-family rental operator, Invitation Homes has hired Bryce Blair as executive chairman of the board of directors and John Bartling as president and chief executive officer.

B2R Finance said today that it has hired Evan Lorch as chief financial officer.