Latest news
Latest news
Cerberus buys Lendco, Advanzia's German credit cards, and CLO resets pause
Deal primarily backed by loans originated by specialist lender RNHB
Blackstone priced its triple-As well inside guidance
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Two completely different securitizations with confusingly similar names are set to price this week, including a UK non-conforming residential mortgage-backed securities deal from Credit Suisse’s Aggregator of Loans Back by Assets (ALBA) shelf and an Italian lease called Alba 7, being sold by Banca IMI and Société Générale.
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Credit Suisse is looking to sell nearly all of the ALBA 2015-1 UK non-conforming residential mortgage backed securities deal sponsored by hedge fund David Kempner Capital Management.
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Anil Hinduja is leaving Barclays for Freddie Mac where he will serve as executive vice president and chief enterprise risk officer, Freddie announced late on Wednesday.
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Bayview Asset Management’s $151.675m securitization of re-performing loans was close to pricing as GlobalCapital went to press on Thursday.
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Freddie Mac is marketing its first risk transfer deal tied to actual losses in a reference pool of mortgages.
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Crédit Agricole opted to retain a Dutch consumer loan ABS on Tuesday, as the European ABS pipeline this week stays as UK-centric as it has for much of 2015.
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The Federal Housing Finance Agency (FHFA) was expected to announce a reduction in the fees it charges to guarantee mortgages as GlobalCapital went to press.
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The second single-family rental securitization backed by loans to multiple borrowers was priced late on Thursday.
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Cerberus Capital Management has hired former debt capital market syndication head Andy Frank as a managing director.