The $65 million Citigroup loan made to Waypoint Real Estate Group for investments in distressed single-family houses converted to rentals, may be a precursor to the much anticipated securitization of these assets.

Bank of America Merrill Lynch analysts' view on most senior FFELP and private student loan ABS remains positive, they said in a Sept. 14 report.

Wells Fargo analysts expect consumer ABS issuance to reach $170 billion in 2012, which is a 60% rise over last year. They also noted a modest shift to longer average lives in new deals.

This week there are two auto deals from Toyota and Enterprise as well as two equipment offerings from CNH and GE Capital.

The Federal Open Market Committee surprised the market in that the announced MBS buying was limited to agency fixed-rate MBS only and not Treasurys, although it will continue Operation Twist through yearend as scheduled.

In the structured finance space, the Sept. 13 Federal Reserve announcement that it is beginning a new quantitative easing program of buying $40 billion in MBS per month is set to have the most impact on levered CMBS pricing levels.

With 47 deals priced, European ABS issuance in 2012 year-to-date is at the highest level of activity since 51 deals in 2008 year-to-date, Dealogic reported.

The Federal Housing Administration has opened the bids for its Sept. 12 sale of 5,000 nonperforming formerly insured FHA loans and the results are “very, very positive,” acting commissioner Carol Galante said.

FDIC Acting Martin Gruenberg said that regulators can complete the Volcker rule, , which implements the Dodd-Frank Act's ban on proprietary trading by banks, before January. 1, 2013.

Rep. Scott Garrett, R-N.J., is working a bill that would encourage the re-emergence of a private-label securities market by exempting certain loan pools from risk retention and SEC registration.

In August, roughly $2 billion loans were resolved and taken out from the index versus $1.7 billion of new delinquencies added to the index.

Bluegreen Corp. has completed a timeshare ABS while Westgate Resorts' deal got rated by S&P for a combined $122 million tally of transactions in the sector.