Finance

SolarCity plans to issue a $54.42 million private placement of solar asset backed notes, the company said in a press release today.

View the year-to-date manager rankings through Nov. 15 for the different ABS sectors, including real estate, credit cards and autos

Trepp’s CMBS delinquency rate hit a new low of 8% in October, a level this asset class hasn’t seen since early 2010.

Direct exposure to either J.C. Penney or Sears is typically highest in seasoned deals where there are only a small number of loans remaining, and one is secured by a retail property.

There's been a resurgence of issuance in bonds backed by both shipping container leases and aircraft operating leases. They share keysimilarities: highly cyclical industries, utilization and lease rate dynamics, and weak(er) lessee profiles/concentrations.

A pick-up in structured finance transactions from life insurance companies based in New York is likely to happen soon because the state recently decided to stop testing a new framework for calculating reserves.

A pick-up in structured finance transactions from life insurance companies based in New York is likely to happen soon because the state recently decided to stop testing a new framework for calculating reserves.

Banks have been slow to make credit cards available again to subprime borrowers; that's starting to change.

Card issuers are again lending to weaker borrowers; It’s just a matter of time before the receivables show up in trusts.

Card issuers are again lending to weaker borrowers; It’s just a matter of time before the receivables show up in trusts.

EverBank Financial Corp. in Jacksonville, Fla., has agreed to sell its default mortgage servicing platform, along with more than $20 billion in rights, to a subsidiary of Walter Investment Management.

JPMorgan may be trying to put the sins of the past behind it; however, put-back risk for the industry is alive and well despite efforts by the federal government to impose what it deems to be appropriate mortgage underwriting standards.

The peer-to-peer lending platform expanded into new territory at the beginning of October when investment management firm Eaglewood Capital completed the first securitization of these consumer loans.

New York Life Investment Management is preparing to issue a $409 million collateralized loan obligation called Flatiron CLO 2013-1, according to a presale report from Fitch Ratings.

AmeriCredit plans to issue a $900 million subprime auto loan securitization, its fifth deal so far for 2013.

Goldman Sachs, Citigroup and Jefferies have announced a $997.9 million CMBS conduit called GSMS 2013-GCJ16.

Freddie Mac’s $245 million class M-1 notes from its second risk sharing bonds issuance have been rated ‘BBB-’ by Fitch Ratings.

Kroll Bond Ratings Agency assigned a preliminary ‘AAA’ ratings to the class A notes issued under the Deutsche Bank led, REO-to-Rental securitization issued by Blackstone.

Citigroup plans to issue a non-agency residential mortgage backed security, a person with the bank confirmed.

Bank of America Merrill Lynch plans to issue a $345 million hotel CMBS that is backed by two commercial mortgage interest only loans secured by the Walt Disney World Swan & Dolphin Resort.