Asset-Backed Commercial Paper Investors will adapt purchasing mandates to accommodate 'F2' rated paper as European ABCP conduits lose their 'F1sf' rating, said Fitch Ratings in a report today.

A group of Republican state attorneys general has declined to sign cooperation agreements with the Consumer Financial Protection Bureau.

Standard & Poor's noted that the effect of Santander's acquisition of DriveTime's ABS portfolio is unclear at this point because both companies are active auto issuers.

A federal judge agreed to halt pending litigation to resolve whether the statute of limitations can be extended to allow for a government conservator’s claims.

A FHFA inspector general report noted that Fannie Mae, as a way to handle troubled loans, has been financing a portion of MSR deals by third-party servicers.

The Royal Bank of Canada officially closed its $2.5 billion U.S. SEC registered covered bonds issue this morning said sources familiar with the deal.

By the end of this year, RMBS issuers keen on obtaining funding from the European Central Bank, as well as those already using these securities as collateral in sale and repurchase agreements, will need to input data on the underlying mortgages into the newly created European DataWarehouse, known pithily as ED.

Gibbs & Bruns cited at least $15 billion of Wells Fargo's RMBS and $5 billion from Morgan Stanley where holders have 25% or 50% or more of the voting rights.

Continental Airlines is offering $843.9 million of passthrough certificates through a deal called CAL 2012-2.

Refinancing activity increased slightly in the week ending Sept. 14 as new lows in mortgage rates were set.

United Auto Credit and Westlake Financial Services are both planning to sell their respective ABS deals.

The OCC this week issued new guidance to federally chartered banks and thrifts that are lending money to buyers of REO to turn those units into rentals.