Continental Airlines this afternoon sold $892.14 million of passthrough certificates through a deal called Continental Airlines 2012-1 EETC.

The Federal Reserve Board today released action plans for supervised financial institutions HSBC North America Holdings, Ally Financial, and IMB HoldCo.

Servicers have increasingly opted to stop advancing principal and interest payments on delinquent subprime loans. This trend can have broad implications for bond values, FTN Financial analysts said in a report.

Sen. Chuck Grassley took the Justice Department to task Wednesday for its fair lending settlement with Countrywide Financial Corp., saying it will have minimal economic impact for affected borrowers.

For the week ending March 8, Freddie Mac reported 30-year fixed mortgage rates averaged 3.88%, down two basis points from last week and one basis point above the recent 3.87% record low.

The volume of CMBS conduit loans that were liquidated in February fell significantly, dropping 43% from January's reading, according to CMBS data provider Trepp.

The Treasury Department said Wednesday it is selling $6 billion of its common stock in American International Group (AIG), half of which AIG intends to buy itself at the initial public offering price.

General Electric Capital Corp. (GE) is going to issue under its GE Equipment Transportation LLC, Series 2012-1. The deal will be sized at $716.5 million, according to a Securities and Exchange Commission (SEC) filing on the offering.

Walter Investment Management Corp. (WIM) lost $4 million in the fourth quarter and $69 million for the year because of costs tied to its purchase of Green Tree Servicing, St. Paul, Minn.

The 9.37% CMBS delinquency rate in February was lower both sequentially and compared to year-ago monthly figures by Trepp's measure.

Investment bank North Sea Partners has hired Steve Paras as managing director and head of European capital markets.

Standard & Poor's has appointed Michelle Weston as regional practice leader for structured finance ratings in EMEA.