Securitization

investors must be cautious about privately issued securities in a post-GSE era where the underlying loans are subjected to a particular lender’s underwriting and sourcing processes.

Retail remains the best performing major property type in CMBS, according to Trepp; but over the next few months the JC Penny situation could weigh on the CMBS and CRE markets.

Eaglewood Capital Management issued the first securitization of peer-to-peer consumer loans on Friday.

FeatherStone Investment Group said it has selected a “major Wall Street investment bank” to act as underwriter and distributor for its first single family rental home securitization conduit.

View the year-to-date manager rankings through Oct. 25for the different ABS sectors, including real estate, credit cards and autos.

The Securities and Exchange Commission and the Commodity Futures Trading Commission, could both be forced to close if lawmakers don't come to a resolution — potentially hamstringing several interagency efforts, including the Volcker rule and a host of derivatives rules that have yet to be finalized.

Consumer Portfolio Services has closed its third term securitization in 2013, a $205 million subprime auto loan deal.

Reperforming loan securitization volumes could get a boost from a large scale deal the Carlyle Group is reportedly working on, according to a Bank of America Merrill Lynch research report.

The delinquent unpaid balance of securitized commercial mortgage loans continues to shrink dropping to a 12-month low in August, according to Morningstar, while foreclosure activity increases.

J.C. Penney’s unexpected decision to raise capital sparked some concern among investors in commercial mortgage backed securities, as the retailer is the second largest tenant in this market, according to J.P. Morgan.

JP Morgan is in the market with a $575 million commercial mortgage-backed securities deal backed by 51 extended stay, limited service and fill service hotel properties.

The Federal Housing Administration is facing a bailout for the first time in its almost 80-year history, raising a host of fresh questions about the potential for standalone legislation to the reform the agency

Spreads on triple-A tranches of new CLOs are likely to tighten by 10 to 15 basis points by the end of the year, according to Wells Fargo.

Irish aircraft leasing company Avolon is preparing to launch a $636 million aircraft lease securitization.

Chase Bank priced its $775 million credit card receivables securitization on Wednesday.

Clean Power Finance's new online marketplace for operations and maintenance services for distributed generation solar paves the way for securitization of solar assets.

Goldman Sachs filed a registration statement with the U.S. Securities and Exchange Commission for the $3.5 billion Hilton CMBS, that is scheduled to come to market in November.

Palmer Square Capital Management has closed on its second collateralized loan obligation in six months.