The Latest

Bankcard and private-label charge-offs increased in November but delinquencies remained low, according to a Standard & Poor’s report.

Navitas Lease Corp. has issued a debut $92.3-million deal backed by equipment loan and lease contracts, according to a company press release.

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

Subprime/non-prime auto loan securitization is on the rise but a study by Transunion says that the outstanding volume for these loans is still below the pre-crisis level.

The costs of complying with the Consumer Financial Protection Bureau new servicing guidelines will drive further consolidation in the servicing industry, said Fitch.

Deutsche Bank is marketing its first commercial mortgage securitization of the year, according to a regulatory filing.

ACE Limited, a property casualty insurance company, has established its second reinsurance sidecar under the Altair program.

Following a near-record year in over $7-billion of issuance in catastrophe bonds, industry players at a recent roundtable hosted by Standard & Poor’s sounded confident that investors new to the sector are not going to get cold feet if they lose money.

Spreads on commercial mortgage bonds could tighten early this month amid the temporary lull in supply, but analysts at JP Morgan believe that, longer term, supply could push new-issue spreads modestly wider.

U.S. ABS securitization issuance was $180 billion in 2013, down 3% from 2012, according to Thomson Reuters data.