Because of still challenging market-making conditions, Credit Suisse Group is set to either downsize or cut altogether some securitization businesses and fixed-income units.

Greek Prime Minister George Papandreou plans to put last week's European Union (EU) bailout package to a vote. He has reignited concerns that a Greek default is unavoidable.

If the Federal Reserve launches a new round of MBS buying it could cause spreads between mortgages and Treasurys to widen — as would be expected — but it also would spur returns for broker/dealers.

IPFS Corp., through its wholly-owned subsidiary PFS Financing Corp., is issuing Premium Finance Asset Backed Notes, Series 2011-B.

Fannie Mae acquired $55.3 billion of mortgages from its seller/servicers in September, its best purchase month since March, and a sign that loan production is gaining traction in the primary market.

Investec has launched a £204 million ($325 million) securitization dubbed Gemgarto 2011-1.

The New York Supreme Court late Monday denied Countrywide and Bank of America’s motion to consolidate various claims against them made by four bond insurers led by MBIA Insurance Corp.

Jefferies appointed Guy Cornelius as a managing director and head of sterling credit sales. The firm also hired Christian Janssen as a managing director and head of commercial real estate debt capital markets Europe.

Citigroup has completed pricing on the latest CLO to hit the market, raising a $408.7 million fund to be managed by WCAS Fraser Sullivan Investment Management, according to a source familiar with the transaction.

Galton Capital Management, the residential mortgage credit investment unit for Mariner Investment Group, appointed Tim Lynch as head of servicing oversight.

Nearly two-thirds – or 60% – of European CMBS maturing loans could fail to repay by the end of 2012, according to Standard & Poor's.

Just as the industry began to feel comfortable about the re-emergence of CMBS financing and CMBS 2.0 began to take off, the CMBS market started getting ahead of itself this summer and then certain issues cropped up.