Standard & Poor’s said Tuesday that it expects the performance of the collateral that backed commercial securitizations to remain stable in 2014.

The catastrophe bond market experienced near record issuance in 2013, leading to an all-time high level of outstanding of just over $20 billion, according to Fitch Ratings.

The A+ rated class of interest only five-year notes has a coupon of 3.9% and the A+ rated 10-year, amortizing notes a coupon of 5.3%.

Ocwen Financial's agreement to write down $2 billion in principal of the mortgage it services should not impact Fitch Ratings’ assessment of any of the bonds backed by these mortgages

Investors participating in a roundtable organized by Standard & Poor's remain keen on buying CLOs - especially in the primary market - but they are also wary of emerging risks linked to more leverage and covenant-lite loans in the pools.

Banks could end up holding more home loans on their balance sheets next year instead of selling them to Fannie Mae and Freddie Mac, the result of fee increases that are designed to increase the role of private capital in the mortgage market.

American International Group has issued $400 million of catastrophe bonds through its Tradewynd Re program.

The European Banking Authority will allow RMBS to be counted in the Liquidity Coverage Ratio as "high quality liquid assets".

Barclays expects securitization of small business loans, leases on telecommunication towers, shipping containers, and other kinds of esoteric assets to increase next year, helped by a gradual improvement in the economy and investors continued appetite for higher-yielding assets.

Moody’s Investors Service default rate index of non-federally guaranteed student loans dropped to 3.4% and will continue to fall year over year into 2014.

Canada’s structured finance and covered bonds markets are poised for additional growth in 2014, according to Fitch Ratings.

The firm said it has hired Juergen Haferkorn as a managing director in London. He will focus on asset-backed securities and expanding Cantor's outreach to German-speaking countries.