Securitization

Ford Motor Co.’s European captive finance company, FCE Bank is planning a euro denominated auto loan securitization.

American Honda Finance Corp, Ally Financial, Porsche and GM Financial all priced auto-related securitizations this week

Abid Gilani, a Wells Fargo senior vice president, was one of the victims in the derailment of an Amtrak train outside of Philadelphia on Tuesday.

Irish financial services company, Dilosk Limited, is marketing €206 million of securities backed by Irish residential mortgages, the issuer's debut RMBS.

It’s not clear how much capital European insurers will need to hold against their investments in U.S. securitizations or whether they can even invest in some of these deals at all.

Fifth Street Asset Management (FSAM) is adding David Heilbrunn as a managing director and member of its management committee, the Greenwich, Conn.-based company said Thursday.

Euro denominated securitization backed by Swedish and Dutch mortgages as well as a German auto leasing deal are marketing in Europe.

Manufacturers that fund customer lending via the securitization market just got a break from the Commodity Futures Trading Commission.

Peter Danna joins the company as director of business development for asset backed securities ratings.

Tricon Capital Group pays 125 basis points over one month Libor on the triple-A, two-year notes issued under its inaugural single family rental securitization, Tricon American Homes 2015-SFR1.

U.K Retailer Tesco plans to securitize credit card receivables via its Delamare Cards trust, according to Standard & Poor’s.

Higher yielding properties in single-family rental securitizations also experience the highest vacancies, and ultimately lower annual rental cashflows, warns Morningstar.

Tricon Capital Group, which first entered the market in 2012 to acquire single-family homes via its U.S. platform, Tricon American Homes, now plans to follow the securitization path to reduce its cost of capital over the long term.

BofAMerrill analysts think the ECB could be a lot more aggressive in the securitization-purchasing program it launched last November.