The catastrophe bond market has hit a new record. Issuance in Q1 totaled $1.7 billion, the most for the first quarter of any year, according to data cobbled together by Aon Benfield.

Platform Funding Limited, a wholly owned subsidiary of the Co-Operative Bank, and GMAC-RFC are securitizing £1.78 billion ($2.6 billion) of U.K. non-conforming loans.

Rating agencies have been demanding additional investor protections for what are known as the “junior” triple-A tranches of CMBS.

More banks are buying mortgage servicing rights now, reversing a post-crisis shift that saw nonbanks dominant the MSR purchasing landscape, according to a Fitch Ratings report.

Agate Bay’s third residential mortgage backed securitization of this year pools loans with lower leverage and higher FICOs compared to the issuer first two deals of the year, according to Kroll Bond Ratings Agency.

A group of investors will be made whole after a failed Danish bank was found to have misrepresented its finances.

Italy’s Alba Leasing is marketing a €767 million ($820 million) securitization of lease receivables extended to Italian small and medium-sized enterprises (SMEs) and individual entrepreneurs, according to Moody’s Investors Service.

Comenity Bank plans to issue $300 million of senior securities backed by credit card receivables from its World Financial Network Credit Card Master Note Trust.

Wells Fargo is marketing $955.2 million of commercial mortgage backed securities backed by a portfolio of loans secured on office and hotel properties, according to a Securities and Exchange Commission filing.

Entergy New Orleans (ENO) is planning a bond backed by payments it collects from electric customers for “storm recovery” expenses, according to a filing with the Securities and Exchange.

Mercedes-Benz Financial Services is marketing $800 million of triple-A rated dealer floorplan securities, according to Fitch Ratings.

EU regulators are considering changes to existing risk-retention regulations, potentially complicating matters for U.S. managers as they contemplate expanding into European markets.