The Latest

Wells Fargo and RBS priced the $930.82 million commercial mortgage-backed security (CMBS) known as WFRBS 2013-C16 on Monday evening.

Citigroup is back in the market with three as-yet unsized offerings of notes backed by credit card receiveables.

Leaf Capital Funding will issue a $324.98 million equipement lased asset backed securitization called Leaf Receivables Funding 9, according to a Moody’s Investors Service presale report.

A $110.6-million securitization of timeshare loans is heading to the market, according to a pre-sale report from Standard & Poor’s.

Deutsche Bank, Nataxis and Ladder Capital are preparing a $1.1 billion CMBS conduit, according to a presale report by Kroll Ratings.

American Express plans to return to market this year with a second issue from its American Express Credit Account Master Trust.

Despite the potential for volatility ahead of the Federal Reserve’s September meeting on interest rates, CMBS spreads were stable last week.

Fitch Ratings said that the CMBS delinquency rate is set to undergo yet another dip once an impending modification of the $678 million Skyline Portfolio loan is finalized.

Presale reports are out on a $425 million sequential-pay commercial mortgage-backed securities deal backed by beneficial interests in a mortgage securing four Florida hotels.

Sallie Mae priced its $995.8 million SLM Student Loan Trust 2013-5.