Consumer ABS

Four federal regulators on Friday announced they would give commenters an additional month to weigh in on sweeping restrictions to banks' proprietary trading vehicles.

The recent widening between three-month U.S.-dollar Libor and the 90-day financial commercial paper rate is credit negative for FFELP SLABS, said Moody's investors Service recently in its publication called Moody's Student Loan Scholar.

World Omni Financial has filed an S-3 with the Securities and Exchange Commission to issue ABS under its World Omni Auto Lease Trust.

The American Securitization Forum (ASF) will have California Congressman Ed Royce and Arizona Congressman David Schweikert as keynote speakers at its ASF 2012.

Federal regulators unveiled a highly-anticipated proposal Tuesday that details how they plan to regulate the largest domestic financial firms, including new capital and liquidity requirements.

Miami-based education lender U. S. Education Loan Trust (USELT) is pursuing legal action in the United States District Court for the Southern District of New York regarding the Royal Bank of Canada’s actions as underwriter, broker-dealer, remarketing agent and back-up purchaser of auction rate securities (ARS) issued by USELT.

Fannie Mae's chief economist is warning that the U.S. has a 40% chance of slipping into a double-dip recession in 2012.

A long-awaited package of critical regulations from the Federal Reserve Board — viewed by many as the core of the Dodd-Frank Act — are expected to be released Tuesday, according to a person familiar with the matter.

Fitch Ratings said today that its outlook for both FFELP and private SLABS is negative. The rating agency expects both sectors to remain in the headlines in 2012.

In a report released today, Barclays Capital analysts said that they remain positive on credit