Consumer ABS

The affected securities are backed by first- or second-lien residential mortgages, private student loans, RMBS, CMBS and ABS, the agency said.

S&P/Experian composite default index went up nine basis points to 1.55% in October, although has dropped 60 basis points year-over-year.

The firm's analysts offer their view on the fiscal cliff’s potential effect on each securitization sector and how this impact relative value.

Barclays Capital expects total issuance volume for European securitization to remain more or less the same in 2013 from this year.

Barclays Capital said that bank credit card collateral performance was positive, although retail card performance deteriorated.

Sallie Mae today announced the retirement of Albert Lord in December 2013 as the firm's vice chairman and CEO.

In a report released today, Citigroup Global Markets analysts said that a record 72% of selected issuers the firm looked at called all eligible auto ABS deals promptly during their latest survey period, which is Sep. 11 to Nov. 12.

American Suzuki Motor Corp.'s, bankruptcy is only marginally negative for the country's rental car ABS sector, Moody's reported.

Credit card receivables backing asset-backed transactions posted late-stage delinquencies of 1.71% in October, the first increase this year.

Non-profit public corporation Vermont Student Assistance Corp. is planning to sell a deal called Student Loan Asset-Backed Notes, Series 2012-1.