Finance

Toyota Motor Credit Corporation kicks off 2013 issuance with plans to bring a $1 billion auto receivables-backed securitization deal.

UBS lost its appeal today to dismiss the Federal Housing Finance Agency lawsuit against it for fraud and misrepresentation in mortgage-backed securities, according to court documents.

Obvion announced plans to issue a €744.7 million ($969.10 million) Dutch RMBS, Storm 2013-II— its 2nd transaction of 2013.

The Loan Syndications and Trading Association is proposing a new risk retention plan for CLOs that meets the Dodd-Frank Act's requirements while allowing market players to originate new CLOs.

John Deere Capital Corp. priced its $851.42 million equipment lease-backed securitization, according to final term sheet filed with the U.S. Securities and Exchange Commission today.

German American Capital Corp. and Citi priced $525 million of bonds backed by the mortgage on a single commercial property, a mall in Scottsdale Ariz., according to a person familiar with the transaction.

The percentage of securitized commercial loans paying off at maturity, when the bulk of the principal is due, dropped to 56.6% in March, according to Trepp.

Sallie Mae priced the $1.246 billion SLM Student Loan Trust 2013-1, its second government guaranteed student loan securitization of the year, on Wednesday.

CNO Financial closed on the $413 million Cedar Creek CLO, its fourth collateralized loan obligation.

A court ruling this week dismissed all claims from Dexia against JPMorgan, Washington Mutual and Bear Stearns over losses on mortgage-backed securities.

AmeriCredit priced its $1.1 billion securitization of subprime auto loans on Wednesday, according to pricing document.

Goldman Sachs is readying a $230 million, single borrower commercial mortgage-backed securitization that is backed a loan secured by Pembroke Lakes Mall in Pembroke Pines, Florida.

Late payments in U.S. credit card abs rose only slightly in march, according to fitch ratings

Fitch Ratings’ new analytical tool will improve its surveillance of Federal Family Education Loan Program student loan ABS and may lead to upgrades on the floating rate subordinate bonds in these deals.

UBS and Barclays are marketing a $1.2 billion multi-borrower commercial mortgage-backed securitization deal, according to a deal term sheet.

Freddie Mac is marketing a $1.4 billion multifamily commercial mortgage-backed securities, its fifth deal this year.

Banc of America Merrill Lynch plans to issue a $360 million CMBS deal collateralized by the fee and leasehold interest for Willowbrook Mall, a two-story super-regional mall located in Wayne, New Jersey.

The Springleaf mortgage securitization is backed overwhelmingly by loans that are older than four years.

Redwood Trust is back this month with is fifth private-label residential mortgage backed securitization, according to a presale report published today by Kroll Bond Ratings.