Securitization

New Residential will begin marketing a $500 million securitization of performing mortgage loans next week and will issuer another RMBS in December.

CIT Group is weighing spinning off its aircraft-leasing business as the commercial lender seeks to simplify operations and focus more on the U.S., Chief Executive Officer John Thain said.

Morgan Stanley is securitizing two floating-rate loans totaling $305 million that are in turn backed by hotel and mall properties.

B2R Finance is marketing a second pool of loans secured by rental properties that is both larger and better supported than the issuer's inaugural deal.

BlueVirgo Capital Management is marketing $106.1 million of bonds backed by tax lien certificates on New Jersey and Florida based properties, according to Kroll Bond Rating Agency.

Five Oak Investment Corp, a real estate investment trust that manages a portfolio of agency and non-agency RMBS, is back with a second securitization this year, according to Kroll Bond Rating Agency.

Hotels feature heavily in the collateral pool that backs the latest Deutsche Bank and Cantor Fitzgerald-led conduit CMBS.

A slowdown in cigarette consumption declines, a settlement in New York with the big tobacco companies, and strong demand for risk assets is supporting a rally in the high-yield tobacco bond sector

Deutsche Bank is exiting agency residential mortgage-backed securities trading as part of a larger strategic plan announced Thursday that cuts thousands of positions in numerous business lines worldwide.

Paragon mortgage plans to issue £100 million worth of bonds backed by U.K. buy-to-let mortgages, according to Moody's Investors Service.

Nissan Motor Acceptance Corp. is marketing its second auto lease securitization of the year.

Commercial real estate lender Hunt Mortgage Group has hired Amy Shah to build and launch a collateralized loan obligations platform.

A top Treasury Department official expressed concern Thursday that small-business owners don't have adequate protections when borrowing from online lenders.

Barclays and Discover Bank are adding credit card deals to the mix of consumer debt securitization this week, according to Fitch Ratings.

Two auto loan securitizations from AmeriCredit Financial Services and Bank of the West launched today.

Porsche Financial Services has increased exposure to some of its most expensive nameplates in its latest lease securitization.

Santander Consumer USA Holdings plans to exit personal lending and focus primarily on its auto-finance business.

A federal judge has ordered Corinthian Colleges to pay more than $531 million on charges brought by the Consumer Financial Protection Bureau that the for-profit college used illegal tactics to collect on student loan debt.

Walgreens Boots Alliance and Rite Aid, the two most widely held tenants in CMBS deals, plan to merge.