The sale represents around 2% of Wells Fargo’s total residential servicing portfolio as of the end of fourth quarter 2013.

Participants at an ABS Vegas 2014 panel struggled to explain how private label RMBS could become relevant to a broader range of U.S. consumers, although they took pains to sound optimistic.

GM Financial is taking advantage of the resulting spread compression to start securitization leases (both prime and subprime) and dealer inventory financing.

The protection commercial mortgage-backed securities sellers must provide in order to obtain higher ratings for their bonds is likely to cost them even more going forward, said Fitch Ratings.

Michael Stegman, a counselor to the Treasury Secretary on housing finance, said the GSEs' recent profitability was misleading and does not lessen the need for housing finance reform.

Alexandra Margolis joins Nixon Peabody as partner in the firm’s Commercial & Structured Finance practice.

Mitsubishi UFJ Securities (USA), part of Mitsubishi UFJ Financial Group, made three appointments to its structured products team in New York.

The class 2014-A1 notes are structured with a longer tenor than the last two credit card deals to price this month.

Price guidance throughout the whole capital structure holds steady for the Goldman Sachs and Citigroup conduit.

More community banks are coming forward to say the recent change to the Volcker Rule failed to shield them from financial hits.

View year-to-date issuance through Jan. 24 for ABS, MBS and CMBS.

View the year-to-date manager rankings through Jan. 24 for the different ABS sectors, including real estate, credit cards and autos.