Joy Wiltermuth is a reporter at IFR, where she writes about the securitisation market. In the past five years, she has written about new types of mortgage bond deals hatched since the financial crisis, litigation and regulation. She was previously a reporter for Debtwire in New York and also worked for Institutional Investor.
Northland Power Chairman James Temerty sold a C$750m (US$562m) stake in the energy company in an overnight sale on Monday
Two Harbors Investment was the latest in a parade of mortgage REITs to sell stock this year in order to snap up mortgage bonds after December’s selloff.
Carvana Co wants to raise about US$338m this week by bundling up its first set of auto loans into rated securities.