Consumer ABS

Moody’s Investors Service today placed 60 tranches of securitizations on review for downgrade in the economically beleaguered countries of Spain, Italy and Ireland.

An A class for a total $142 million priced at 95 basis points over the eurodollar synthetic forward.

American Express is jumping back into the structured finance market for the first time this year with an offering of $555.55 million of credit card notes, according to a presale report published today by Fitch Ratings.

Chargeoffs and delinquencies on U.S. credit card-backed securities resumed their downward trajectory in February following a temporary increase in January, according to Fitch Ratings.

Moody’s Investors Service has changed how it incorporates sovereign risk into structured finance transactions.

The deal consists of five, fixed-rate tranches. The most senior piece, for $142 million, is a few notches from triple-A.

Wyndham Worldwide is planning a $300 million timeshare loan securitization, its first of the year, according to a presale report from Fitch Ratings.

Ford Motor Credit is planning a $1.117 billion auto lease securitization, according to a presale report published today by Moody’s Investors Service.

Cabela's priced $385 million of private label credit card ABS; the A-rated senior tranche pays a fixed 2.71%.