Consumer ABS

The European primary pipeline saw the addition of a new $500 million U.K. credit card deal via the Penarth Master Issuer Plc's medium-term note program.

Santander Consumer Bank is in the market with a €573.0 million ($780 million) securitization backed by a portfolio of German auto loans.

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.

Volkswagen is going to issue a $750 million auto lease transaction under its Volkswagen Auto Lease Trust 2011-A.

Policymakers who stood by and watched the mortgage bubble inflate, and then explode, ought to pay attention to what's happening in the student loan market.

Alliance Data Systems Corp. completed its $350 million credit card deal called World Financial Network Credit Card Master Note Trust.

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.

American Express is in the market with a $864 million credit card securitization from the bank's American Express Credit Account Master Trust Series 2011-2.

The recent prime auto ABS spread movements and new-issue pricing show that ABS investor demand for the product might be somewhat uneven, according to a Wells Fargo report released this afternoon.