Securitization

Kensington Mortgage plans to pool another £281.1 million ($424 million) of its U.K. prime RMBS loans under its Gemgarto master trust.

After declining in each of the three previous months, issuance of U.S. collateralized loan obligations picked up in October to $8 billion, its highest level since June, according to Thomson Reuters LPC.

Freddie Mac has launched an auction of $1.2 billion of nonperforming loans, while Fannie Mae has announced the two winners of its recent auction of $1.24 billion of nonperforming loans.

Invitation Homes chose to exercise an option to extend the term of a loan backing the first single family rental securitization.

Barclays and JPMorgan are both forecasting a decline in issuance of collateralized loan obligations next year, citing a variety of regulatory and market headwinds tamping down demand for the securities.

Goldman Sachs and Cantor Fitzgerald's next conduit securitization will depend on 590 Madison Avenue to boost the credit credentials of its collateral pool.

Several private-equity-backed lenders are making loans to small landlords, who represent the biggest chunk of the home-rental market and get less help from Fannie and Freddie than they once did.

Lone Star plans to tap the securitization market with a portfolio of commercial real estate assets it acquired this year from real estate investment trusts, according to Fitch Ratings.

Redwood Trust’s fourth residential mortgage securitization of the year is backed entirely by 15-year, fixed-rate loans.

Did student loan servicer Nelnet took advantage of a sharp selloff in student loan backed securities during the third quarter to add to its holdings?

Morgan Stanley and Bank of America's latest conduit CMBS securitizes a portion of a $249 million loan that is secured by a portfolio of U-Haul properties.

Santander Consumer Bank plans to issue bonds backed by Norwegian auto loans receivables under its Bilkreditt trust.

Santander Consumer USA's, Chrysler Group plans to issue $751 million of securities backed by auto loans.

Credit Suisse's latest securitization of commercial mortgage loans is heavily exposed to lower quality properties from secondary/tertiary markets, as well as hotel properties; both of which increase the risk in the collateral pool.

Ocwen Financial is back with another round of term notes issued from its Ocwen Master Advance Receivables Trust (OMART).

Puerto Rico Gov. Alejandro García Padilla introduced legislation to reform the Puerto Rico Electric Power Authority, a step PREPA's creditors are requiring for them to accept reduced debt payments.

Joseph Wilson Jr. has joined Golub Capital help expand the credit asset manager’s existing distribution capabilities.

The Federal Home Loan Bank of Chicago is making it easier for members to participate in its Mortgage Partnership Finance program for government-backed loans.

Citigroup plans to issue another $421 million of re-performing, residential mortgage bonds from its Citigroup Mortgage Loan trust, according to DBRS.