Securitization

In its new 2016-4 transaction, Towd is collateralizing 3,383 formerly troubled loans with a pool balance of $649.21 million into a nine-note structure. The pool includes 39% “dirty current” loans, or those which are paid up-to-date, but have had a recent delinquency or incomplete paystring.

Fannie Mae and Freddie Mac want to make it easier for owners of older apartment buildings to make energy efficient upgrades.

J.P. Morgan Mortgage Trust (JPMMT) 2016-3 is a $395.4 million notes structure consisting of 553 loans for homes primarily in California and major cities like New York, Boston and Washington, D.C. Fitch has issued preliminary 'AAA' ratings to the senior notes.

Freddie Mac is taking advantage of favorable market conditions to tee up another offering of securities transferring the credit risk of residential mortgages that it insures.

It's shaping up to be a solid year in the U.S. housing sector. But beneath this calm surface, the U.S. mortgage industry is facing a crisis.

Wells Fargo’s new commercial mortgage securitization of $757.1 million in notes includes backing from a key property centered on gentrification efforts in Queens.

Fannie Mae obtained reinsurance on $14.4 billion of residential mortgage through its Credit insurance Risk Transfer program.

A pool of credit card receives issued by Group BPCE’s Natixis Financement unit are being securitized in the second-ever issuance through the Purple Master Credit Cards, FCT in France. The €651 million transaction mostly consists of €550 million in a Class A2016-1 series of notes.

Citigroup is shopping $540 million of bonds backed by a portfolio of 102 self-storage facilities.

Zopa, an online lender based in the U.K., is marketing £138 million of bonds backed by unsecured consumer loans, according to Moody’s Investors Service.

Some big investors are keeping their powder dry in the event that an exogenous event roils the financial markets; in the meantime, it’s a challenge to put money to work in assets that produce decent returns without taking on excessive risk.

Two recent court decisions that curtailed controversial debt collection and payday lending policies could wind up impacting leading marketplace lenders, no matter their distance from such abusive and predatory practices.

The expanding investor base for Connecticut Avenue Securities and Structured Agency Credit Risk notes is creating a kind of virtuous circle: as trading volume increases, banks are dedicating traders to the asset class

For investors who were intrigued by the launch of Verizon’s first-ever handset securitization offering in July, an executive for one of the deal’s underwriters deal had a message: Stay tuned.

Early fears that Wall Street landlords might have trouble refinancing their holdings of large portfolios of single family rental homes have proven unfounded.

The subprime auto lender Santander Consumer Holdings USA has made two key leadership moves as it faces ongoing accounting problems.

Unfavorable court decisions, heightened regulatory attention and a thumb’s down from famed “Big Short” personality Steven Eisman are making no dent in the enthusiasm for marketplace lending (MPL) securitization.

Moody's Investors Service has concluded its ratings review on 31 securitizations of federally guaranteed student loans sponsored by Navient Solutions to account for the slower rate of repayment of the collateral.

The pace of mortgage modifications picked up in the second quarter as a streamlined version of the U.S. government’s Home Affordable Mortgage Program (HAMP) started to produce results.

Deutsche Bank said the U.S. Justice Department is seeking $14 billion to settle a probe tied to residential mortgage-backed securities, more money than it's willing to pay