Texas Windstorm Insurance Association priced its upsized inaugural $400 million catastrophe bond issued from the Alamo Re shelf program .

Wyndham Worldwide plans to issue $250 million of securities backed by timeshare receivables, the issuer's second deal of the year.

Sankaty Advisors is marketing its second collateralized loan obligation deal of the year, according to a presale report by Fitch Ratings.

Mercedes-Benz priced its first auto loan securitization of the year, according to a person familiar with the deal.

Eleni Skordaki has joined Dechert's finance & reale state practice as partner in the London office.

A nonbank mortgage servicer that took on more loans than it could handle ended up delaying payments to Fannie Mae and Freddie Mac, according to a government watchdog report.

Referring to the criteria for Prime Collateralized Securities as “a living construct,” the PCS initiative today said it had revised what determines whether a securitization receives this label of high-quality or not.

Amherst Securities Group and Pierpont Securities have merged to become a joint fixed-income broker-dealer company that will be known as Amherst Pierpont Securities.

Precise Mortgages plans to issue £235 million of securities backed by non-conforming U.K. mortgages, according to a Standard & Poor’s.

BMW plans to issue €800 million ($1.09 billion) of securities backed by a portfolio of German auto loan receivables.

U.K. buy-to-let lender Paragon Mortgages is planning its second securitization of this year, a £350 million transaction backed by a portfolio of buy-to-let mortgages.

CIT Aviation Finance is coming out with a $640-million, single-tranche deal backed by aircraft operating leases, according to a presale report by Fitch Ratings.