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Rep. Scott Garrett, R-N.J., is working a bill that would encourage the re-emergence of a private-label securities market by exempting certain loan pools from risk retention and SEC registration.

In August, roughly $2 billion loans were resolved and taken out from the index versus $1.7 billion of new delinquencies added to the index.

Bluegreen Corp. has completed a timeshare ABS while Westgate Resorts' deal got rated by S&P for a combined $122 million tally of transactions in the sector.

The Consumer Financial Protection Bureau opposes a 20% downpayment on low-risk mortgages. It will not use its special rule-writing powers to undermine the Dodd-Frank Act, director Richard Cordray told lawmakers Thursday.

Survey respondents also expect two important buyers of loans, CLOs and loan mutual funds, to boost their assets in 2013.

General Electric Capital Corp. is planning to issue a securitization under its GE Equipment Midticket LLC, Series 2012-1.

Freddie Mac, after being criticized by the Inspector General’s office of its regulator, has improved its mortgage buyback reviews and could recoup an additional $3.4 billion in damages.

MBS valuations can stay rich and tighten further based on the strong technical backdrop the announcement creates.

Citibank securitization analysts said in a report today that the global slowdown, Europe's debt crisis and the deteriorating U.S. economy have bolstered the ABS market's resolve to remain short and high quality.

The GSEs will continue to “maintain their own securitization operations and continue to issue their own securities,” the Federal Housing Finance Agency Acting Director Edward DeMarco said.