Securitization

Most investors in a recent survey said they want to ditch the pricing benchmark now used for many kinds of securitization.

Asset management firm Ranieri Strategies has hired Eric Kaplan the former head of MBS Finance at Shellpoint Partners. Both are companies founded by Lewis S. Ranieri.

SolarCity is marketing what may be the first securitization of loans to finance the purchase and installation of solar panels by consumers.

California regulators on Monday identified 14 companies that the state is targeting as part of its recently announced inquiry into the marketplace lending industry.

After several years of ceding business to catastrophe bond investors, reinsurers are pushing back, offering premiums that are competitive to the yields a bond sponsor would pay.

California officials have opened a broad inquiry into the marketplace lending business, seeking data from industry participants that will be used to assess the effectiveness of the state's current regulatory regime.

RAIT Partnership is the latest sponsor to tap the securitization market with bonds backed by commercial real estate loans, according to Moody's Investors Service.

Santander is marketing €1.33 billion ($1.45 billion) of notes backed by a portfolio of Spanish residential mortgages.

Marketplace lenders started 2015 as darlings of the securitization market, but their white hot growth started to attract calls for more regulation as the year unfolded.

Ten U.S. collateralized loan obligations totaling $4.8 billion were issued in November, marking the lowest monthly level since January 2014, according to Thomson Reuters LPC.

Amherst Pierpont Securities, an independent fixed-income broker-dealer, announced several senior hires today as it seeks to deepen leadership expertise across the firm.

CarVal Investors, which made its debut in the securitization market just last month, is back with a second helping of bonds backed by re-performing mortgages.

In their search for ways to shift the credit risk of mortgages from taxpayers to the capital markets, Fannie Mae and Freddie Mac may be overlooking important players: the lenders that make these loans in the first place.

Fannie Mae and Freddie Mac are exploring ways offload risk to a range of players, and, in an effort to produce something that mimics as closely as possible the risk in private-label mortgage securitization, they have been moving to deals with exposure to actual losses, as opposed to estimated losses.

Capital Royalty is the newest sponsor to tap the securitization market to finance venture capital loans made to healthcare product and service companies, according to Kroll Bond Rating Agency.

Underwriting standards will keep slipping for auto loans over the next year but deals performance won't suffer, according to Moody's Investors Service 2016 Auto ABS Outlook.

JP Morgan’s latest offering of commercial mortgage bonds is backed by a less diverse portfolio than many recent conduits rated by Fitch Ratings.

The GSEs will emerge as the biggest sellers of troubled home mortgages next year said analysts at Bank of America Merrill Lynch.

The Obama Administration’s efforts to ease the debt burdens of college students have had unintended consequences for investors in federally guaranteed student loans.