Hyundai Capital America plans to issue $512 million of asset backed securities from its floorplan master trust structure, according to Moody’s Investors Service.

Shellpoint Partners said its shelf registration initially filed with Securities and Exchange Commission last October, was declared effective today.

The Structured Finance Industry Group’s first executive director comes from the ranks of an issuer: Richard Johns, a managing director and head of global funding and liquidity at Ally Financial.

New Oak Capital on Monday announced its new Mortgage Credit Service business that will be based in Danbury, CT.

Capital One is prepping a $500 million credit card securitization, its second of the year, according to Fitch Ratings.

Textainer Group, a lessor of intermodal containers, has amended its $1.2 billion warehouse securitization facility, extending the term and lowering the interest rate.

A global settlement between MBIA and Bank of America is positive for MBIA-wrapped non-agency mortgage-backed securities, according to Barclays.

Bank of America has agreed to pay the bond insurer MBIA $1.6 billion to settle a five-year-old dispute over losses related to soured mortgage-backed securities.

Big players remain largely absent from the re-emerging private-label residential mortgage-backed securities market.

A common securitization platform is under "full scale development" and should be ready for "significant testing" by next year, spokesmen for the government-sponsored housing enterprises said.

Lawrence Ceriello has joined Morrison & Foerster’s real estate finance group in New York as a partner.

CarMax is planning an $800 million securitization of used auto loans, according to a presale report issued today by Fitch Ratings.