Securitization

The rising number of Chinese buying U.S. homes could be a boon for investors with a stake in U.S. residential mortgages, according to Bank of America Merrill Lynch.

The number of borrowers behind on private student loan payments lat the end of the third quarter declined from the year-earlier period, though it was up slightly over the previous six months, according to MeasureOne.

California Republic Bancorp has issued a recently-closed securitization of prime auto loans, the company said in a release.

Property Assessed Clean Energy loans have been available in Florida since 2010, but lending, as well as securitization of these loans, has lagged far behind California largely due to a series of lawsuits. A ruling by the Florida Supreme Court in October could change that.

Fitch Ratings has placed another $30 billion of bonds backed by guaranteed student loans under review for potential downgrades.

Solar panel loans may be riskier than related assets such as leases and power purchase agreements, but that doesn’t mean that solar loan securitization will necessarily be riskier.

Freddie Mac will begin issuing single-family mortgage-backed securities sometime next year via the new common securitization platform, the Federal Housing Finance Agency said Thursday.

Ally Financial, seeking new sources of customers, will finance used cars sold through Beepi, an 18- month-old website that lets people buy vehicles with a few clicks and no test drive.

Sen. Bob Corker championed a provision he added to the budget bill that would temporarily prevent the Treasury Department from recapitalizing Fannie Mae and Freddie Mac and discussed other banking priorities in a sitdown interview with American Banker.

With regulators nipping at their heels, auto lenders had good reason this year to retrench. But that’s not what they did.

Fannie Mae’s final risk sharing transaction of the year was with reinsurers.

Don’t expect much of an impact on structured finance next year from the Fed rate hike and its decision to raise rates gradually.

Much of the industry’s efforts in 2015 were focused on avoiding compliance with the regulation, which takes effect in December 2016.

Aviation Capital pulled its securitization of aircraft leases from the securitization pipeline citing volatility in the ABS market.

Kroll Bond Rating Agency predicts issuance in bonds backed by commercial mortgages could hit $125 billion next year, even with borrowing costs rising as interest rates go up.

Standard & Poor's revised its criteria over a year ago; yet the majority of the deals that came to market in 2015 refinanced portions of the often-unrated variable funding note commitments that were extended by bank lenders during the six-month rating moratorium.

After widening in November amid market volatility, spreads on commercial mortgage bonds have reversed course in the primary market, tightening against their benchmarks.

The outstanding volume of cat bonds and insurance linked securities has hit a record, according to website Artemis.bm.

Specialty lender Regional Finance Co. has obtained a $75 million amortizing loan from Wells Fargo Bank that will be secured by automobile receivables.