Securitization

Goldman Sachs plans to issue $568 million CMBS loans backed by fixed rate loans that are secured on three malls.

Falling used car prices should not be a concern for auto lease ABS investors, since it is not likely to affect the rate at which leases are prepaid, according to Moody’s Investors Service.

Fitch Ratings warned that recent rep and warranty proposals in new U.S. RMBS deals may expose investors to added risks from “weak” underwriting and “defective” mortgages.

Social Finance Inc., a non-bank lender, is looking to upend student lending in the United States by offering more favorable rates to borrowers it views as most likely to repay their loans.

Wells Fargo Securities is marketing a $516 million collateralized loan obligation for Octagon Credit Investors, according to a presale report published by Standard & Poor’s.

Nelnet is preparing a $1.156 billion student loan securitization, its second this year, according to ratings agency reports.

JP Morgan Chase plans to issue a second deal from its Chase Issuance Trust, a securitization that will be sized at $750 million.

It’s been a long time coming, but Europe is about to see its first collateralized loan obligation since the financial crisis, a €300 million deal from Cairn Capital.

Redwood Trust is fully validating expectations that it would keep the private label market of residential mortgage-backed securities (RMBS) alive this year.

The percentage of interest-only loans in commercial mortgage-backed securities is rising, increasing the risk of losses in these deals, according to Kroll and S&P.

The European Central Bank recently tightened the eligibility criteria for using covered bonds as collateral for funding. This could hurt covered bond programs

Ford Motor Co. plans to issue a $1.34 billion auto loan securitization that has been rated by Fitch Ratings.

Volkswagen Credit Inc plans to issue a $1 billion auto loan securitization, its first in 2013.

Columbia Management and the Carlyle Group both priced collateralized loan obligations this week in line with initial guidance; the senior tranches of both deals had spreads of Libor plus 130 basis points.

Private student lending is enjoying something of a recovery, and it appears to have a lot to do with the improving market for college graduates.

RBS Securities is arranging a $375 million collateralized loan obligation for OFS Capital Management, according to a presale report published by Standard & Poor’s.

Another $950 million is set to come to market from two dealer floorplan ABS deals planned by Nissan Motor Co. and World Omni Financial Corp.

The sale of the residual interest in its SLM Student Loan Trust 2007-4 ABS should not impact performance of the loans.

CNH Capital America LLC priced its upsized, $1.25 billion, equipment lease ABS deal, CNH Equipment Trust 2013-A to good investor appetite.

TELOS Asset Management is preparing its first collateralized loan obligation since the financial crisis, according to a presale report by Standard & Poor's.