CarMax is expected to price its $800 million auto loan securitization deal dubbed CarMax Auto Owner Trust 2013-4 by mid-week, according to a pricing document.

Adding a 30% downpayment requirement to the qualified residential mortgage rule would only increase the cost of credit for borrowers seeking private loans, the MBA says in a comment letter.

RBS Securities is lead underwriter on the deal dubbed Sierra Timeshare 2013-3. Fitch Ratings has assigned preliminary ratings of ‘A’ to the transaction’s class A notes and ‘BBB’ ratings to the class B notes.

Appalachian Power Co. in West Virginia filed a registration statement with the US Securities Exchange Commission to issue a $382 million utility tariff rate relief bond.

For the first time in five years the annualized charge-off rate for non-securitized receivables has exceed that of securitized receivables, according to Moody’s Investors Service.

Deutsche Bank and Cantor Fitzgerald priced $1.2 billion of bonds collateralized by 63 commercial mortgage loans.

Chase Bank plans to issue a new $500 million credit card receivables securitization from Chase Issuance Trust, according to a deal prospectus filed with the US Securities and Exchange Commission.

Higher residual values can amplify the losses to ABS transactions if used vehicle prices were to decline sharply, according to a Moody’s Investor Service report.

Several auto loan securitizations priced this week. Ford Motor Credit Company’s FORDL 2013-B priced on Wednesday.

Trevor Wood and Mayank Gupta will join the firm’s banking and finance team in London.

A reported, developing settlement between mortgage securities investors and JP Morgan — separate from the $13 billion mortgage settlement recently announced — would be more generous to bondholders than a similar deal by Countrywide