Tidewater Finance Co. is readying $145.6 million of notes backed by subprime auto loan receivables, according to a presale report published today by Standard & Poor’s.

The highest delinquency to date of any post-crisis U.S. residential mortgage backed securities emerged in May, but it was due to a transfer of servicing of mortgages backing the deal.

Deutsche Bank is working on the €355 million ($482.4 million) DECO-2014 Gondola, the first European multi-loan CMBS since 2007.

View the deals that priced in the two weeks ended June 6.

View Thomson Reuters data on issuance for the year-to-date through June 6 for ABS, MBS and CMBS.

Apollo Credit Management has priced the largest collateralized loan obligation since the financial crisis, the $1.54 billion ALM XIV.

The NIssan deal is backed by closed end leases backed by new Nissan and Infiniti brand cars; Santander's securitization is backed by subprime auto loans.

FMS Wertmanagement last week sold 15 U.S. commercial mortgage loans with a nominal value of $1.2 billion.

Hilton Resorts, a unit of Hilton Worldwide, is preparing $200 million securitization of timeshare loans.

Ally Bank is readying $1.679 billion of bonds backed by prime auto loans.

Downgrades include tranches wrapped by financial Guarantor, MBIA. but not the tranche wrapped by Assured Guaranty

Barclays and Mizuho Securities are listed as the joint bookrunners on the transaction, called GE Equipment Transportation LLC, Series 2014-1.