Consumer ABS

He's now heading the firm's efforts in developing clients. McPherson had previously left NewOak several months after participating in its late-2008 launch.

Final rules implementing the Volcker Rule remove many obstacles to securitization compared with the initial version.

Barclays expects securitization of small business loans, leases on telecommunication towers, shipping containers, and other kinds of esoteric assets to increase next year, helped by a gradual improvement in the economy and investors continued appetite for higher-yielding assets.

They would be funded separately from its current auto loan portfolio and would not be included in the company’s current public securitization program.

The Basel Committee on Banking Supervision has proposed to relax securitization capital charges will lead to “meaningful reductions” in capital requirements.

The ratings agency said it plans to track performance measures such as charge-off rates, delinquency rollover rates, yields and excess spread to provide insight beyond the ratings.

Losses on the portfolios behind all U.S. auto loan securitizations tracked by Standard & Poor’s rose in October to the highest monthly level since January. Losses in the subprime segment hit their highest level since March 2010.

Chase Bank priced an upsized offering of $750 million of bonds backed by credit card receivables from its Chase Issuance Trust.

The Structured Finance Industry Group (SFIG) Las Vegas conference scheduled for Jan., is on track to be the largest securitization event of 2014 with an anticipated 5000 attendees.