A federal judge this week ruled that the court-appointed trustee overseeing the liquidation of Thornburg Mortgage, Santa Fe, can move forward with a lawsuit against Barclays Capital alleging the investment banker made improper margin calls that helped drive the jumbo lender/servicer into bankruptcy.

Guatemala’s Banco Industrial has closed a three-tranche $160 million structured deal, an upsize from the $100 million initially proposed, according to sources close to the deal.

After heavy criticism from investors, analysts and bond insurers over Standard & Poor’s new bond insurance rating criteria, the agency is firing back in self-defense.

Clopton Capital will expand its capital lending base available for commercial real estate (CRE), CMBS, and SBA loans for income-producing U.S. CRE.

PERILS , the Zurich-based firm offering industrywide European catastrophe insurance data, today reported that the total limits placed based on the PERILS industry loss index since the start of 2010 is now over $2.5 billion.

Roughly 9.43% of CRE loans – including multifamily product – that have been securitized are now 30-days or more late, a record, according to new figures compiled by the Mortgage Bankers Association (MBA).

Bank of New York Mellon has pulled the sale of its Alcentra unit, which manages $17 billion in CLOs and other vehicles that contain leveraged loans and high yield bonds, according to a Bloomberg report.

The securitization pike is filling up with deals from the various assets classes, including autos and equipment ABS.

Mexican non-bank institutions known as sofols and sofoms continue to see extraordinarily high delinquencies in their RMBS deals, according to a recent report by Fitch Ratings. Deals among these originators have seen 180-day-plus delinquencies as high as 40%.

Bank of America Corp. chief executive Brian Moynihan promised investors he would save $5 billion in costs, but was otherwise scarce on details during a much-anticipated speech on Monday.

CLO issuance could return this month after volatility slammed the breaks on activity in August, Standard & Poor's said in a research report Monday. The pipeline is backed up to the tune of about $5 billion, spread among 13 deals.

The American Securitization Forum (ASF) is opposing the creation of a board by the Securities and Exchange Commission (SEC) that would choose which rating agency is allowed to new-issue securitizations.