MotoNovo Finance, a division of FirstRand Bank, plans to issue £101.3 million of securities backed by U.K. auto leases, according to a Moody’s Investors Service presale. Mercedes Benz and Santander Consumer also respectively priced German and Norwegian auto loan paper.

The European Central Bank (ECB) may spend up to €800 billion on securitizations, covered bonds, and financial aid for banks in its upcoming stimulus measures, according to several market reports.

Stonegate Mortgage Corp. is expanding into New York and Massachusetts as it seeks to increase its originations of nonagency jumbo loans and lays the groundwork for its first private-label securitization.

Wells Fargo and RBS priced a $1.4 billion conduit, kicking off what is slated to be a busy September for commercial mortgage bonds.

Bank of America is preparing a $750 million credit card securitization from its BA Credit Card Trust.

The Pennsylvania Higher Education Assistance Agency plans to issue $646 million in securities backed by a pool of Federal Family Education Loan Program loans.

Ryan McBride has joined Colony American Finance, which provides acquisition financing and loans for investor-owned single-family rental portfolios, as chief operating officer.

GM Financial plans to offer $709 million of securities backed by a pool of retail closed-end vehicle lease made to prime and non-prime borrowers.

Asset backed deals that priced in the two weeks ended Sept. 5.

View Thomson Reuters figures issuance for the year to date for ABS, MBS and CMBS.

California Republic Bank priced its third prime auto loan securitization of the year.

General Electric Capital Corp. is in marketing $589.1 million of notes backed by equipment leases, according to a regulatory filing.