In last week's ABS Market roundup, the price guidance for the single-A rated B class of the Susquehanna auto-lease ABS was incorrectly reported as being in the 100 basis point area over one-month Libor. Guidance was actually set in the mid-100 basis point area, therefore the final pricing spread of 145 basis points was actually inside of initial talk.
The prime jumbo RMBS transaction is collateralized by 402 residential mortgage loans.
Diversity and metropolitan focus could provide resiliency in economic downturns
Federal Reserve Chair Jerome Powell was noncommittal about cutting interest rates at the central bank's next monetary policy meeting in July, saying future actions will depend on incoming data. His comments come as President Trump ramps up his criticism of the Fed chair.
Bill Pulte, regulator and conservator of entities that buy and securitize many mortgages, also reaffirmed he's 'not happy with" lenders' main score provider.
Eagle + West is Brookfield's premier luxury building at Greenpoint Landing.
BofA Securities, Australia and New Zealand Banking Group and Japan's SMBC Bank International are joint lead managers.
