California Gov. Jerry Brown this week signed three new laws that are part of the Homeowner Bill of Rights.

These banks have completed more than $4.16 billion in cross-border credit card ABS issuance year-to-date.

Investors can reach for yield beyond senior CMBS and yet maintain a higher level of credit enhancement through single-asset or single-issuer deals, FTN Financial analysts said.

The National Credit Union Administration alleged the sale of faulty MBS by Barclays to U.S. Central Federal Credit Union and WesCorp Federal Credit Union contributed to their 2009 collapse.

United Realty Partners has hired Barry Funt as president of United Realty Capital Markets.

Sidley Austin has hired Matthew Cahill, whose expertise includes securitization, to start in early November as a partner in its global finance practice.

The Mortgage Bankers Association and other industry groups have lined up considerable legal talent to prevent and block any local community from invoking eminent domain.

Credit card indicators are looking good with August numbers showing charge-offs decreasing for most asset-backed securities trusts, Citi analysts said.

Richard D. Baum has been elected as chairman of Redwood Trust, the only current consistent issuer of private-label MBS.

PennyMac has agreed to buy $452 million of nonperforming whole loans from undisclosed sellers, according to a recent SEC filing.

Early results for the 2012 vintage subprime auto ABS transactions have shown that cumulative net loss rates in the sector are comparatively "well behaved," Wells Fargo analysts said.

Federal banking agencies today announced a regulatory capital estimation tool to evaluate recently published Basel III capital proposals.