Finance

Finke says the industry needs to address the lack of understanding about its performance and role in the economy.

The deal, Moorgate Funding 2014-1, will offer £510 million ($858 million) of notes backed by first-lien, U.K. non-conforming residential mortgages owned by Kilimanjaro AM.

The Euro Secured Notes Issuer, a securitization vehicle set up by 5 French banks to fund loans to smaller companies, made its debut issuance this month, selling €2.6 billion of bonds.

Florida’s Citizens Property Insurance Corp. upsized its latest catastrophe bond – twice— to $1.5 billion before pricing it Thursday.

The young business of large-scale single-family rental companies is profiting from the housing bust in more ways than one.

The deal, which is rated by Standard & Poor's, will offer £242.53 of notes backed by higher-risk U.K. mortgages.

At an IMN conference, Tom Finke laid into a recent article in Fortune likening CLOs to both CDOs and troublemaking legacy RMBS. His message is CLO pros have to be better self-advocates.

The vacancy rate for properties backing Blackstone’s Invitation Homes single-family rental securitization declined to 6.5% in February, from 8% in January.

Ginnie Mae has halted the transfer of mortgage servicing rights from Bank of America to a nonbank servicer because the bank is missing documents such as recorded mortgages and title policies on the underlying home loans.

Since the first securitization of single-family rental properties materialized last November, the sector has drawn criticism from housing analysts and politicians.

Fitch Ratings has taken positive rating action on 150 tranches of 113 structured finance transactions that are capped relative to the sovereign ratings of Ireland, Portugal and Spain.

Barclays analysts believe the regulators will find it hard to ignore a call last week by the European Central Bank (ECB) and Bank of England (BoE) to ease the rules governing securitization activity in Europe.

A bipartisan group of senators announced a deal Thursday to reauthorize and extend the country's terrorism risk insurance program, which is expected to be taken up by the Banking Committee in coming weeks.

Volkswagen Bank plans to issue a securitization backed by € 952 million ($1.3 billion) of German auto loans from its Driver series.

Creating a one-size-fits-all approach to collateralized loan obligations does not harm Wall Street, it harms American businesses.

Structured finance lawyer Lawton Camp has joined Kaye Scholer as a finance partner in its New York office.