Consumer ABS

Because of still challenging market-making conditions, Credit Suisse Group is set to either downsize or cut altogether some securitization businesses and fixed-income units.

IPFS Corp., through its wholly-owned subsidiary PFS Financing Corp., is issuing Premium Finance Asset Backed Notes, Series 2011-B.

Securitization pros have had to constantly come up with new deal structures to respond to challenges posed by the ongoing financial crisis.

On Oct. 24, the Federal Housing Finance Agency (FHFA), along with Fannie Mae and Freddie Mac, announced significant changes to the Home Affordable Refinance Program (HARP).

The week kicks off with the usual auto deals, a timeshare ABS and a tobacco settlement revenue bond offering.

The Commercial Real Estate Finance Council in Japan plans to revive CMBS by implementing new market standards.

CarMax Business Services and World Omni Financial Corp. are in the market with auto securizations.

Iowa Student Loan Liquidity Corp. is in the market with a student loan transaction worth $249 million, according to a preliminary offering memorandum. Morgan Stanley is managing the transaction.

President Obama today will announce a series of additional steps to help Americans manage their student loan debt and make it easier for students to repay their loans. These measures are likely to affect prepayment rates on FFELP loans.