Finance

The primary sponsors of commercial real estate collateralized debt obligations will continue to be mortgage REITs, according to JP Morgant.

Toyota Motor Corp., a leader in the production of hybrid gas-electric vehicles, has completed the first “green” auto loan securitization.

Skipton Building Society plans to issue a new U.K. prime RMBS transaction, Darrowby No. 3 that is strucgurd with only by on publicly placed, British pound sterling-denominated tranches.

Lloyds Bank will offer two British pound sterling-denominated senior tranches in the upcoming, investor-placed, credit card ABS issued from its Penarth program.

View manager rankings for the year through April 18 for the different ABS sectors, including real estate, credit cards, student loans, autos, and collateralized debt obligations.

The Western Riverside Council of Governments securitizes Property Assessed Clean Energy Bonds.

Kroll Bond Ratings Agency plans to rate the M1 and M2 notes of Freddie Mac's latest $966 million risk-share securitization, STACR 2014-DN2.

Two academics at Michigan Technology University argue that aggreggating standardized assets is key to solar securitization, which can meaningfully reduce funding costs for developers.

Two academics argue that aggreggating standardized assets is key to solar securitization, which can meaningfully reduce funding costs for developers.

Impending legislation renewing the federal backstop for terrorism insurance could pare down this safeguard, creating havoc in the market for commercial mortgage-backed securities; despite advances in modeling this risk, it may prove challenging for capital markets investors to pick up the slack.

Despite pressure from Capitol Hill, regulators are disinclined to allow banks to hold collateralized loan obligations backed by bonds.

The latest update to the Foreign Account Tax Compliance Act appears to grandfather most collateralized loan obligations issued before January 2013.

The latest update to the Foreign Account Tax Compliance Act appears to grandfather most collateralized loan obligations issued before January 2013.

Companies that manage single-family rentals have their own trade group: the National Rental Home Council (NRHC).

With more young adults making large student loan payments instead of saving up for a down payment, combined with car payments and possibly credit card debt, the 43% DTI becomes a very difficult barrier for lenders working within the QM standards.

Santander Consumer (UK) plans to issue a securitization of U.K. auto loan receivables that will be backed by a mix fixed-sum loans and personal contract purchase agreements.

Colony American Homes hired Beth O’Brien to lead its single-family lending unit, Colony American Finance.

A growing number of borrowers are paying off their mortgage loans before their credit card debts, reversing a trend first seen in September 2008, according to a TransUnion study.

Housing shortages in U.S. energy boom towns have driven rents up to New York City levels; but don’t expect that to last too long, says Moody’s Investor’s Service.