Securitization

Two Harbors is marketing its first residential mortgage securitization of the year, according to Fitch Ratings

Cantor Commercial Real Estate Lending is the first out the gate with a commercial mortgage securitization this year.

Most foreign investors expect to put more money into U.S. property this year than they did in 2015, with New York remaining the top target market worldwide, according to a survey by the Association of Foreign Investors in Real Estate.

Raising capital has been tough for community banks ever since the financial crisis, especially the smallest ones. But a few investment firms have developed structured products that offer community banks a chance to band together to raise needed Tier 1 capital at relatively low cost.

Hawaii successfully raised $150 million via the bond market for its Green Energy Securitization (GEMS) program in November 2014 but the program’s latest quarterly report shows that the money has yet to reach its targeted audience: poor homeowners and renters.

Bank of America has removed approximately $2.67 billion of receivables from its credit card trust over the past two months.

Once billed as a safer alternative to traditional finance, the new crop of tech-powered lenders is starting to resemble previous generations of finance companies whose fortunes rose and fell with each economic cycle.

DBRS assigned ‘AAA’ ratings to €137.5 million ($150.3 million) of notes issued from RCI Banque’s Cars Alliance Auto Loans France Master.

The Securities and Exchange Commission issued its annual review on the credit rating agencies and cited several notable improvements to their operations.

Everyday investors provide marketplace lenders a cushion in case institutional buyers find greener pastures. But regulatory hurdles and an addiction to fast growth are making it difficult for the platforms to lure those coveted savers.

The strong recovery in commercial real estate has enabled borrowers to resolve a lot of problem loans made before the financial crisis, but Fitch Ratings continues to expect no recoveries from "hope notes."

From refinancing the wall of maturing CMBS to getting CLO manager skin the game, these articles held your interest the longest.

RAIT Financial Trust said Thursday it closed on its fifth commercial real estate collateralized loan obligation

Puerto Rico’s electric utility reached an agreement with insurance companies MBIA Inc. and Assured Guaranty Ltd. and bondholders to restructure its $8.2 billion of debt.

Standard & Poor's downgrade of Volkswagen will have no immediate impact on its three U.S. auto loan and one auto lease asset-backed securities transactions it rates originated by VW Credit.

The average price of the loans underlying commercial mortgage-backed securities increased modestly from October to November, according to DebtX.

Online marketplace lender OnDeck is involved in another securitization but this time it’s not the sponsor.

Guggenheim Securities, an investment bank that specializes in bonds backed by unusual assets such as franchise fees and tax liens, has its eyes on more traditional kinds of securitization.

The Federal Housing Finance Agency is giving private mortgage insurers some hope this holiday season that they might get a chance to offer deeper mortgage insurance on Fannie Mae and Freddie Mac single-family loans.