The new series will be secured by a pledge from the 2004-1 certificates, which in turn, are backed by a pool of receivables linked to revolving Visa accounts held with World's Foremost Bank.

The largest tranche, for $274 million, is rated triple-A and priced to yield 3.6863%. Its weighted average life is 9.87 years.

Barclays anticipates that the securitization market will readily absorb the $48 billion of CMBS loans set to mature in 2014.

The Federal Housing Finance Agency has backed away from lowering the loan limits on Fannie Mae and Freddie Mae loans in 2014.

Moody’s Investors Service said it expect an increase of auto loan securitizations from regional banks like M&T Bank, Fifth Third Bank and California Republic, to increase in 2014.

As credit cards defaults and delinquencies continue to wane, banks and retailers are growing increasingly more confident in extending credit to consumers.

Total year-to-date non-agency prime jumbo RMBS issuance is up to $12.7 billion from $3.5 billion in 2013. Issuance for the asset class could grow as large as $35 billion in 2014.

Moody’s Investors Service said today that the current trend of weakening auto lending standards will continue into 2014 but credit quality will remain stable for auto loan securitizations.

Citigroup priced its $867 million CMBS conduit that is backed by 65 fixed-rate commercial mortgage loans on Friday.

Colony American Homes said it plans to issue an REO-to-Rental securitization early in 2014.

Here's a puzzle of modern finance: during a period when borrowing costs are at rock-bottom levels and tens of millions of borrowers have refinanced their mortgages, it remains impossible for many gainfully employed Americans to refinance their student loan debt.

Hilton Worldwide priced the $2.625 billion fixed-rate component with a term of five-years from its CMBS deal today, according to a person familiar with the deal.