The Royal Bank of Canada sold its first euro benchmark covered bond since 2008, and signifies the re-opening of the European covered bond market for Canadian issuers.

Barclays anticipates that if both Freddie Mac and Fannie Mae sell the risk on all their ongoing issuance, issuance volumes could potentially reach $20 billion to $25 billion per year.

The notes are backed by a portfolio of 13,229 Hilton Resorts deeded timeshare interests with an aggregate balance of $255.12 million.

The $743.933 million deal is backed by 38 mortgages contributed from three sellers: Bank of America, NA, Morgan Stanley Morgage Capital Holdings, and CIBC.

Marriott Vacations Worldwide plans to issue a $250 million timeshare loan ABS, according to a Fitch Ratings presale report.

Toys “R” Us issued a £263. 2 million commercial mortgage-backed securitization, according to a Standard & Poor’s presale report.

Private student lenders have been pleading with their regulators for more flexibility as they wrestle with delinquent loans; they got an answer Thursday, but it wasn't what the one the industry had hoped for.

In the first quarter of 2013, rising house prices and relatively low interest rates helped improve the outlook for the riskiest tranches of residential mortgage-backed securities, according to CoreLogic’s bond tracker.

Both the rate of cumulative defaults and the size of newly default loans in the CMBS market continue to decline.

Carrington Mortgage Services has informed Fitch Ratings that RMBS it services will recognize about $300 million in losses on principal forbearance that has yet to be reported as losses

Ares Management is prepping its latest collateralized loan obligations, the $412.80 million Ares XXVII CLO, which brings the total amount of broadly syndicated collateralized loan obligations Ares manages to roughly $14.11 billion.

The American Securitization Forum retained Mike Williams as a senior policy advisor.