Europe's primary securitization market woke up from its summer lull with the pricing of an RMBS deal and two new credit card securitizations that are in the market today.

Nomura Holdings has hired two executives for its leveraged finance group, a source familiar with the situation confirmed. The additions come in the wake of several high profile departures from the Japanese bank.

A Florida court ruling could make it harder for mortgage servicers to use computer records as evidence for foreclosure without verifying the underlying information.

Moody's Investors Service has downgraded the ratings of Bank of America Corp. (BAC) and Wells Fargo & Co. The rating agency said that the U.S. government is less likely to support the bank, if needed.

European structured finance company Bishopsfield Capital Partners has hired Arjan van Bussel as a new partner to boost its advisory, real estate and structured finance businesses.

An increase in covered bond and structured finance issuance volumes will likely be one of the effects of the removal of implicit state-support for large U.K . banks, according to Fitch Ratings.

Despite mortgage rates in and around record lows, mortgage application activity was relatively unresponsive for the week ending Sept. 16.

Standard & Poor’s cut Italy’s credit rating one notch, to 'A' from 'A+', and cut its short-term rating to 'A-1' from 'A-1+'. The rating agency, citing a weak economic outlook, said that its outlook for Italy’s ratings is negative.

Consumer Portfolio Services (CPS) is in the market with a $109.9 million auto deal called CPS Auto Receivables Trust 2011-B (CPSART 2011-B).

Foreclosed borrowers will be able to lodge complaints about their lender and seek a review of their case under recent consent orders issued against the 14 top servicers, a senior regulator said Monday.

Executives participating in ASR sister publication American Banker's regulatory symposium Monday urged regulators to consider the industry costs of implementing the Basel III capital rules, including a capital surcharge on systemically important institutions.

As reported in a story published in StructuredFinanceNews.com yesterday, Federal Housing Finance Agency acting director Edward DeMarco reviewed the operating principles at work in the GSEs' conservatorship, highlighted some of the current initiatives and risks, and offered his thoughts on these agencies' future.