Securitization

U.K. credit card issuer NewDay announced a new master trust, NewDay Partnership Funding, and plans to offer two series of notes.

Deutsche Bank announced a €680 million ($849 million)German CMBS, Deco 2014-Bonn last week.

If the European Central Bank wants to provide more capital relief to Eurozone banks through its securitization-buying scheme than banks would get by holding on to their assets, it will have to snap up mezzanine tranches as well.

American Homes 4 Rent priced its third securitization transaction.

Investors are demanding higher spreads on risk-sharing deals issued by Fannie Mae under its Connecticut Avenue Series (CAS) label.

B2R Finance announced today that it has hired Jason Hogg as Chief Executive Officer.

American Homes 4 Rent is marketing its third single family rental securitization that is backed backed by a $530 million loan secured by 4,521 single-family home rental properties.

Permanent TSB’s Capital Home Loans plans to securitize a £657 million portfolio of UK buy-to-let mortgages

Banque Populaire plans to issue €90.2 million ($112 million) of securities backed by fixed-rate French residential mortgages that finance both purchases and home improvements

Will government-sponsored enterprise reform be affected by Republicans taking back control of the Senate? The first reactions from the industry and punditry indicate there are three possibilities: yes, no, and we can't be sure.

Milan-based Agos Ducato, a subsidiary of Credit Agricole, plans to issue securities backed by a €1.5 billion ($1.87 billion) portfolio of unsecured Italian consumer loan receivables.

Morningstar thinks that there is a way to stop issuers of asset-backed securities from shopping around for the best ratings: compel them to publicly disclose the level of credit enhancement required by each rating agency for each tranche.

Intu, the UK shopping centers company, sold its £350 million ($556 million), 16 year, commercial mortgage backed bond on Wednesday.

The Blackstone Group’s Invitation Homes priced its third securitization of this year at significantly wider levels than its previous deal.

Intu SGS Finance plans to issue an additional £350 million ($559M) worth of commercial mortgage backed securities from its financing program.

Impact Community Capital is marketing a small balance commercial loan securitization that will offer investors $189 million in ‘AAA’ rated securities that are guaranteed by Freddie Mac, according to DBRS.

U.K. buy-to-let lender, Paragon Mortgages is working on a residential mortgage backed securitization deal, according to Standard & Poor’s.