The Latest

Sallie Mae upsized its latest Federal Family Education Loan Program (FFELP) backed ABS deal, SLM Student Loan Trust 2013-5 to $995.8 million from $747 million.

Citigroup and Goldman Sachs plan to issue a $989.54 million CMBS deal that is expected to price the week of Sept. 16th.

The deal, Textainer Marine Containers III Series 2013-1, will issue a single tranche of notes with a preliminary ‘A’ rating from Standard & Poor’s.

If implemented as-is, the latest risk retention proposals that U.S. regulators released August 28 will lead to changes in deal structure and credit quality in CMBS.

Toyota Motor Credit Co. priced its $1 billion deal dubbed Toyota Auto Receivables 2013-B Owner Trust on Tuesday evening.

Wells Fargo is exploring the sale of some mortgage servicing rights because the market is flush with potential buyers and it sees little opportunity to cross-sell many servicing clients.

Laurie Goodman has left Amherst Securities, residential mortgage-backed securities strategy group to pursue a role at the Urban Institute, full-time.

Paragon Mortgages is working on the first U.K. buy-to-let transaction of 2013.

Progress Residential said today that its new revolving credit facility of $400 million it has entered into with Deutsche Bank will be used to bulk up its portfolio of single family home rental assets.

Ford launched its upsized $1.43 billion auto floorplan ABS deal today within price guidance.