The Federal Housing Finance Agency this week hired Manoj K. Singh as principal examiner for risk, in charge of Fannie Mae and Freddie Mac.

ABS related to autos, including deals backed by floorplans and leases, is likely to rise about 6% in volume during 2012, to $80 billion, Standard & Poor's said today. The figure for 2011 through Dec. 1 is $69 billion, according to the Securities Industry and Financial Markets Association (SIFMA).

Jon Corzine, former head of MF Global, who was subpoenaed last week to testify in front of Congress, could shed some insight over where the missing MF Global funds ended.

Most CMBS collateral from 2001 rated by Fitch Ratings has withstood both a turn-of-the-decade recession and a recent global credit crisis.

UBS and Citigroup are planning to sell a $674 million CMBS expected to close before the year's end, according to a Bloomberg report.

JPMorgan has raised a $304.9 million CLO for Prudential Investment Management, according to people familiar with the situation.

Volkswagen is readying its first auto loan ABS backed by Japanese loans from its Driver program, according to a Reuters report.

Morgan Stanley has raised a $353.8 million CLO for New York Life Investment Management, according to a presale report from Standard & Poor’s.

Five banks across the nation failed in November, according to Trepp's latest report, with commercial real estate a major contributing factor.

Consumer Portfolio Services (CPS) is in the market with CPS Auto Receivables Trust 2011-C worth $119 million.

Ginnie Mae has warned seven of its MBS issuers during the first nine months of 2011 that they are in violation of agency's rules, according to an audit by the General Accountability Office (GAO). The identities of the seven were not revealed.

Fitch Ratings said Friday that an outlook change to negative for "defeased" U.S. CMBS looks unlikely despite the use of government debt in defeasance and a recent revision of the sovereign outlook to negative.