Redwood Trust is preparing its fourth private-label residential mortgage backed securitization, according to a presale report published today by Fitch Ratings.

Chargeoffs and delinquencies on U.S. credit card-backed securities resumed their downward trajectory in February following a temporary increase in January, according to Fitch Ratings.

Moody’s Investors Service has changed how it incorporates sovereign risk into structured finance transactions.

O’Melveny & Myers has poached Jaroslaw C.K. Hawrylewicz from Barclays Capital.

Unison is in the market with a $147 million cellular tower securitization; it follows on the heels of a $1.8 billion deal from industry goliath American Tower last week.

The deal consists of five, fixed-rate tranches. The most senior piece, for $142 million, is a few notches from triple-A.

Bank of America Merrill Lynch is marketing a $766 million securitization of transportation equipment loans and leases for General Electric Capital Corp., according to a presale report from Fitch Ratings.

Wyndham Worldwide is planning a $300 million timeshare loan securitization, its first of the year, according to a presale report from Fitch Ratings.

Ford Motor Credit is planning a $1.117 billion auto lease securitization, according to a presale report published today by Moody’s Investors Service.

A lawsuit filed yesterday against Nationstar Mortgage LLC aims to stop the servicer from future auctions of mortgage notes of delinquent loans backing residential mortgage securities via the website www.auction.com.

RBS Securities is arranging a $400 million collateralized loan obligation for Denali Capital LLC, according to a presale report from Moody’s Investors Service.

Cabela's priced $385 million of private label credit card ABS; the A-rated senior tranche pays a fixed 2.71%.