Bearish technicals around the Federal Reserve's potential asset sales out of its Maiden Lane III portfolio are still weighing on the CMBS market, according to JPMorgan Securities analysts in their most recent weekly report.

Sterling covered bond volume has been quite high beginning in 2012. Public placement volumes are already more than the levels seen in any previous year, Moody's Investors Service said in a new special comment published today.

Securitization in non-traditional ABS asset classes will increase this year, according to a Standard & Poor's report emailed this morning.

The mortgage industry will be saddled with high legal costs if the Consumer Financial Protection Bureau (CFPB) provides a low bar for attorneys to challenge a lender’s adherence to the bureau’s “ability to repay” underwriting standards, according to the Consumer Mortgage Coalition (CMC),which represents some of the nation’s largest banks.

Enterprise Fleet Management (EFM) is in the market with a $497 million transaction rated by Moody's Investor Service and Standard & Poor's.

Raj Date, the deputy director of the Consumer Financial Protection Bureau (CFPB), said the agency wants to avoid creating "disincentives" for mortgage lenders and banks as part of the qualified mortgage (QM) rule.Date also assured consumer and civil rights groups that access to credit is a "priority" for the agency and there will be "real consequences" for mortgage lenders that do not properly assess a borrower's ability to repay a loan.

Whole Loan Capital (WLC), New York, is in the market with a $4.8 billion 'flow' servicing deal that will be sourced through a handful of different lenders.

On Friday a judge decided that a case seeking to reverse bond insurer MBIA’s 2009 transformation into two companies will go to trial on May 14.

This week was one of those rare ones so far this year that had no market roiling headlines, and it made for rather monotonous trading for the most part.

CMBX coupons have dipped an average of five basis pointss across the index, according to Royal Bank of Scotland analysts. This is given that shortfalls and losses rose higher in the capital structure.

The non-mortgage ABS primary market has seen its strongest start since the 2008 to 2009 credit crisis, according to a Barclays Capital report released this afternoon.