Securitization

LCM Asset Management priced a $418 million collateralized loan obligation, bringing issuance for the year to $40.6 billion.

Sen. Elizabeth Warren raised concerns about an $8.5 billion line of credi that the Federal Home Loan Bank of Des Moines has provided Sallie Mae

DNA Alpha Limited is planning a $630 million aircraft pass through certificates deal. The certificates were rated by Moody’s Investors Service.

British Airways is prepping $929 million of aircraft pass-through certificates.

Solar ABS across the Atlantic remains unlit despite having a rapidly growing solar industry to support it, said panelists speaking at last week’s Information Management Network’s Global ABS renewable energy session.

Cantor Commercial Real Estate said it appointed Faisal Ashraf, former head of capital markets at Credit Suisse, as managing director and head of special situations, in the company’s real estate finance business team.

Deutsche Bank, Cantor Fitzgerald and UBS plan to issue a $905.6 million CMBS conduit transaction that is collateralized by 80 commercial mortgage loans that are secured by 137 properties.

Sonic Corp., the nation's largest chain of drive-in restaurants, plans to refinance $155 million of its $600 million 2011-1 securitization debt facility.

Prudential Investment Management is planning a $379 million collateralized loan obligation of floating-rate notes, according to a pre-sale from Standard & Poor's.

Flagstar Bancorp will pay $105 million to settle allegations it misrepresented the quality of loans backing securities insured by Assured Guaranty.

Yet another CMBS is on the way through JP Morgan Chase Commercial Mortgage securities Trust, according to a Standard & Poor’s presale.

Yet another CMBS is on the way through JP Morgan Chase Commercial Mortgage securities Trust, according to a Standard & Poor’s presale.

Analysts at Bank of America Merrill Lynch said in a report on Friday that another $587 million in unrealized losses may still be lurking in RMBS portfolios serviced by Ocwen Loan Servicing.

Rising house will benefit holders of Germany covered bonds than covered bonds issued in other European countries, Moody’s Investors Service said today.

Moody’s Investors Service has put on review for downgrade 1,079 tranches from 299 shifting interest/pro-rata U.S. residential mortgage-backed securities transactions that are reaching or getting closer to the end of their terms.

California Republic Bank completed a $238 million securitization of prime auto loans; residual interest sold privately.

Ally Financial priced a $500 million subprime auto loan securitization; it features a one-year revolving period

Amherst Securities Group, an approved Fannie Mae and Freddie Mac securities underwriter, has brought on Chris McDowell as a managing director in fixed income trading and sales,

The growing U.S. housing recovery is ‘credit positive’ for timber revenue securitizations, according to Moody’s Investors Service.