Consumer ABS

Euro denominated securitization backed by Swedish and Dutch mortgages as well as a German auto leasing deal are marketing in Europe.

Peter Danna joins the company as director of business development for asset backed securities ratings.

U.K Retailer Tesco plans to securitize credit card receivables via its Delamare Cards trust, according to Standard & Poor’s.

BofAMerrill analysts think the ECB could be a lot more aggressive in the securitization-purchasing program it launched last November.

Credit Agricole Consumer Finance Nederland plans to securitize €1.07 billion ($1.14 billion) of unsecured, Dutch consumer loans.

Glenn Costello, a structured finance veteran cited through the years in the pages of the Asset Securitization Report for his sharp analysis, particularly of residential mortgage-backeds, passed away on April 6.

GMAC U.K., General Motors U.K. based company, plans to add Personal Contract Purchase leases to its latest E-CARAT transaction.

Just as European authorities look set to take a friendlier approach to certain kinds of securitization, providing some much-needed relief, the industry faces a new challenge: negative interest rates.