Despite a weaker economy, defaults on European structured finance notes issued before the financial crisis remain well below those of comparable U.S. deals, according to Standard & Poor’s.

Cronos Containers will issue a $200 million securitization backed by a portfolio of sea containers, according to Standard & Poor’s.

Ally Bank issued $585 million of floating rate asset backed notes from its dealer floorplan master owner trust.

The Securities and Exchange Commission is pressing large banks to provide investors with more accurate information about structured notes.

Paul Jenison has joined Finacity Corporation as part of the firm’s effort to expand its business of securitizing and funding consumer receivables.

THL Senior Credit Strategies is in the market with its fifth collateralized loan obligation, according to a presale report by Standard & Poor’s.

Global issuance of commercial mortgage-backed securities (CMBS) is on a tear, according to stats from Dealogic.

Commercial Credit Group is preparing a $194.47 million securitization of equipment loans and leases, according to a presale report published by Standard & Poor’s.

Arbor Commercial Mortgage has hired Barbara Duka, Peter Ginsberg and Richard Bianchi; as it continues to expand and develop its CMBS and syndication platform.

While the changes to Spanish law governing mortgage foreclosures are ostensibly favorable to borrowers, Moody's believes they are credit neutral for Spain’s RMBS.

JP Morgan Chase priced its upsized $625 million credit card ABS transaction on Friday.

Honda Motors is in the market with its second auto loan securitization of the year, according to a presale report published today by Fitch Ratings.