CMBS

The RMBS and related CDO sectors lead the pack in both realized and expected future credit losses from U.S. structured finance issuances, according to Fitch Ratings.

UBS is reportedly closing its U.S. ABS business, according to a Dow Jones report that quoted an advance copy of a Thursday edition of Swiss weekly Handelszeitung.

Freddie Mac is offering its fourth structured passthrough certificates (K Certificates) deal backed by multifamily mortgages with a seven-year term.

Bondholders face a payment reversal event for the European Talisman-5 Finance plc CMBS deal. It's the second reversal event to occur this year in a European CMBS.

JPMorgan Chase is said to be planning the launch a $739 million deal backed by floating-rate CMBS.

KGS-Alpha Capital Markets has expanded has boosted its CMBS trading team with the addition of Jeff Lewis, Kyla Wichser and Andrew Noonan. It has also brought on board a new chief strategist, Kamal Abdullah.

Electronic trading platform for U.S. and European fixed-income bonds MarketAxess Holdings just added non-agency RMBS and CMBS to its e-trading platform.

Bank of America Merrill Lynch filed a form S-3 with the Securities and Exchange Commission (SEC) to issue a CMBS under its Banc of America Merrill Lynch Commercial Mortgage Trust.

CIT Group launched its CIT Real Estate Finance, which will originate and underwrite senior secured real estate transactions in the Boston, New York City and Washington, D.C. areas.