The CIT Group and Newcourt marriage is now in question, as it seems CIT wants to cheapen the amount it's willing to pay for the Toronto-based equipment issuer after Newcourt posted below-estimate first quarter earnings. Those lower-than-expected returns, though, hinged on the fact Newcourt had to cut its securitization program going forward by more than 90%.

The two companies aren't saying much outside of confirming they're disagreeing with one another. But both announced last week in a joint press release that they would have to head back to the negotiating table to smooth out their differences.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.