Securitization

Ally Financial has upsized an offering of notes backed by automotive dealer financing to $1 billion from $671.14 million originally, according to a regulatory filing.

The transaction, Kigoi 2013 B.V. ,is the second securitization of unsecured consumer loans originated by subsidiaries of Credit Agricole Consumer Finance Netherland B.V.

Trepp said that it is one of the investors in Mercatus’ credit scoring platform for commercial projects in the energy industry.

Changes to Turkey’s covered bond legislation are supportive of the credit ratings on these instruments, according to Moody’s Investors Service.

The rising costs for banks to hold even low-risk, short-term loans — courtesy of Basel III — is a powerful incentive for them to offload their trade finance receivables into securitizations.

Alcentra is marketing a €413.5 Million European collateralized loan obligation.

Market participants should weigh on Basel’s latest consultative document in order to strengthen safety and soundness in growing global securitization markets.

Players in the REO-to-Rental space see a bright future in pooling the cash flows of many operators into conduit transactions.

Investors speaking at a panel at ABS Vegas offered a variety of views on investment opportunities this year.

Mitsubishi UFJ Securities (USA), part of Mitsubishi UFJ Financial Group, made three appointments to its structured products team in New York.

View the year-to-date manager rankings through Jan. 24 for the different ABS sectors, including real estate, credit cards and autos.

A record number of industry players meeting up in Las Vegas at the Structured Finance Industry Group (SFIG) and Information Management Network (IMN) debut securitization conference is sure to slow new issuance this week.

Standard & Poor's expects a modest increase in the issuance of European securitizations sold to investors this year from 2013.

Household indebtedness as a share of disposable income — the debt-to-income ratio — has continued to fall in Europe since 2009-2010, according to a report Wednesday by Moody’s Investors Service.

Eric Smith takes on the role of business development leader. He will develop new business opportunities, and work with clients in liquidity, valuation, capital, financing, servicing and investment.

First-time collateralized loan obligation managers entered the game in droves in 2013, and participants don’t expect the trend to slow down in 2014, even if risk-retention regulation on the horizon will make it more difficult for smaller firms to keep playing.

Final rules implementing the Volcker Rule remove many obstacles to securitization compared with the initial version.

The trade group penned an emphatic comment letter against Finra's proposal to disseminate pricing data for asset-backeds. The main argument? Loss of liquidity.

How peer-to-peer lending could ripple through securitization of consumer and corporate debt.

U.K. bank Lloyds priced its first covered bond since 2012 at the tight end of guidance.