The Supreme Court has ruled that bankruptcy courts cannot void a second lien because it exceeds the value of the collateral.

Terex Corp., a manufacturer of heavy equipment, has closed on its first asset-backed commercial paper conduit.

Two recent transactions, one Irish and one Spanish, tested investor appetite for peripheral RMBS. The results suggests there aren’t likely to be many more.

Asset-backed securities that priced in the two weeks ended May 29, 2015.

Issuance of ABS, MBS and CMBS for the year through May 29, 2015.

Lease expirations are up in collateral pools backing single family rental securitization and that could lead to higher vacancies and potentially lower cashflows.

Louisiana Citizens Property Insurance Corp. issued $100 million of catastrophe bonds via a new shelf bond program, Pelican III Re.

JP Morgan and Barclays are marketing $984 million of commercial mortgage backed securities via JPMBB Commercial Mortgage Securities Trust 2015-C29.

Ally Bank upsized its recent securitization of receivables collected from lines of credit it makes to dealerships to $675 million. The deal priced on Thursday.

Volkswagen is prepping a €500M French Auto Loan Securitization, its second in 20 months.

BNY Mellon's corporate trust business has already participated in as many securitizations of marketplace loans in the first quarter of 2015 as it did for all of 2014.

Hyundai plans to issue a second round of securities backed by auto lease receivables this year.