Finance

Jumbo securitization is just one of many key financing strategies the hybrid real estate investment trust Two Harbors Investment Corp. is turning to as the government reduces its MBS footprint.

NorthStar Realty Finance Corp. has priced a collateralized debt obligation backed by commercial real estate; only it's not calling the transaction a CRE-CDO.

CLO issuance fell dramatically in July to $3 billion, the lowest level seen since July 2012 at $2.2 billion.

Servicing of non-agency residental mortgage backed securities continued to shift from banks in to the hands of non-banks in the second quarter of 2013 and this trend will continue.

Aashish Marfatia joins Prosiris Capital Management’s non-agency residential mortgage trading desk, according to a company press release.

The 9.85-years, super-senior A-5 tranche from the Goldman Sachs, Jefferies and Citigroup $1.2 billion conduit priced five basis points wide of guidance at 105 basis points over swaps.

WhiteHorse Capital adds to this week's active CLO pipeline with $410.8 million WhiteHorse VII.

Ally Financial priced an upsized, $1 billion of subprime auto loan backed securities

Fifth Third Bank priced its upsized $1.25 billion auto loan securitization yesterday afternoon.

Santander Consumer USA plans to place its $800 million 2013-A auto loan securitization via the Rule 144A market.

The post-recession revival of subprime auto lending has spurred concern in some quarters about excessive risk, but researchers at the Federal Reserve Bank of New York are not among those worried.

Kane SAC, a subsidiary of Kane, has launched a private catastrophe bond platform from which it has initially issue $9.5 million of Series 1-2013 notes.

CNH Capital America is marketing its third equipment lease securitization of the year, the $755.5 million CNH Equipment Trust 2013-C.

The proposed changes could result in downgrades of a single notch to one or two existing deals.

Two collateralized loans obligations, one from Oak Hill Advisors and the other from Invesco Senior Secured Management, add a combined $613.5 million to this week's pipeline.

Two Harbors is preparing to bring a $434.17 million RMBS deal called Agate Bay 2013-1, according to a Fitch Ratings presale report.

Deutsche Bank is Marketing a $485M Single-Asset CMBS backed by a mortgage on a Manhattan office building.

Another wave of pre-crisis private-label residential mortgage-backed securities is coming to the end of the line with substantial losses, according to a Standard & Poor’s report Tuesday.

DFG Investment Advisers has priced its second ever collateralized loan obligation called Vibrant CLO II in line with talk.