Santander Consumer is in the market with an auto deal under its Santander Drive Auto Receivables Trust 2011-4. The company filed with the Securities and Exchange Commission (SEC) for a $750 million offering.

Kevin C. O'Connor has joined Point Capital Partners, LLC (PCP) as a Partner.

Banks in Europe will try to unload roughly 15 billion euros ($20 billion) of loans secured by commercial real estate in Europe through 2012 as they comply with tighter capital regulations, according to Situs Companies, a debt advisor.

Boston Federal Reserve Bank president Eric Rosengren wants Fannie Mae and Freddie Mac to do more to refinance homeowners and address housing market problems.

Nine major servicers regulated by the Office of the Comptroller of the Currency completed 180,000 foreclosure actions in the second quarter, but these firms are still managing roughly 1.3 million borrowers who are going through the foreclosure process.

Cortview Capital Holdings Inc. plans to dissolve the commercial mortgage-bond team led by Bill Green, after hiring the group only six months ago, according to a Bloomberg report.

A new report issued by the National Credit Union Administration blames the agency's Office of Corporate Credit Unions for failing to identify a high concentration of risky MBS at the now defunct Southwest Corporate Credit Union of Texas, a $12 billion institution.

Greenstone Properties hired Chris Schoen as a co-principal of the company to work with real estate veteran De Little.

Freddie Mac reported new record low rates were set for 30- and 15-year fixed mortgage rates in the week ending September 29.

A commerical real estate loan backed by 254 limited service hotel properties that priced in March 2008 has been transfered to special servicing.

The recent weakness in the credit markets means European CMBS issuance isn't likely to pick up significantly anytime soon, according to Standard & Poor's report.

Citigroup's Agency and Trust Services business, has been named indenture trustee on the $150MM Embarcadero Reinsurance Ltd. catastrophe bond transaction with the California Earthquake Authority (CEA) as ceding insurer.