Securitization

New Residential Investment Corp. is readying an offering of bonds backed by both reperforming and nonperforming mortgages, according to DBRS.

The oft-maligned risk-retention standards for asset-backed securities benefits from members of at least one segment of the market: commercial mortgage-backed securities investors.

The worsening trend for subprime lenders amid an otherwise healthy consumer economy is a puzzling development that even auto loan securitization experts were somewhat at a loss to explain at SFIG Vegas.

Expect to see more bonds backed by Property Assessed Clean Energy Loans that earn top marks from credit rating agencies.

Lost in the battle between banks and retailers — which is being fought with renewed vigor in the early days of the Trump administration — is any consideration of how caps on interchange fees have affected consumer spending patterns.

Rules requiring issuers of asset-backeds to keep "skin in the game" of deals haven't been as burdensome as many featured.

The slow pace of new issuance is likely to compel CLO investors to accept even smaller risk premiums, according to participants polled at an industry conference Monday.

Securitization pros are guardedly optimistic about the Trump Administration’s impact on the industry, even if no one expects to see a rollback of regulations imposed by the Dodd-Frank Act in the immediate future.

The Structured Finance Industry Group is teaming up with the trade association for the blockchain industry to explore ways that distributed ledger technology can be used to speed up transaction processing and improve transparency.

World Omni Financial Corp. is leasing cars to consumers with lower credit scores, and the risk is being compounded by the fact that so many leases mature at the same time.

Panelists at SFiG Vegas questioned just how different marketplace lenders are from more traditional lenders.

The fintech firms Nymbus and Monzo separately announced that investors are pouring in additional money to fuel their growth.

PineBridge Investments has priced its first collateralized loan obligation of the year.

Fannie Mae is planning another transaction that shifts credit risk on mortgages before it acquires them.

Värde Partners, a Dallas-based firm with over $12 billion in existing or previously distressed acquisitions, has pooled 201 of commercial, vacant land and residential properties in the $348.2 million VSD 2017-PLT1 asset-backed transaction rated by Kroll Bond Rating Agency.

Mariner Investment Group has launched offering of private-label resident mortgage bonds, but it’s hard to characterize the collateral.

Santander Consumer USA Holdings plans to increase lending to consumers with solid credit scores after being squeezed by higher losses on its subprime auto book.

The Prime Collateralised Securities Initiative is aiming to boost synthetic securitization, which offer an alternative way for European banks to free up capital for more lending.

Wells Fargo Goes It Alone on 1st Risk Retention Compliant CMBS