Morgan Stanley filed an S-3 with the Securities and Exchange Commission (SEC) to issue under its Morgan Stanley Capital I Trust. For a full copy of the SEC filing, please click here.

In other deal news, specialty retailer Conn's currently has a deal called Conn’s Receivables Funding I, LP Series 2012-A.

The offering, which is worth $103.7 million, is backed by retail loans, which are mostly installment loans, originated by direct subsidiary Conn Appliances and indirect unit Conn Credit Corp. and serviced by Conn Appliances.

According to a Fitch Ratings presale report, the pool's credit quality is expected to be in line with the collateral's historical performance. The colllateral was originated by the same entities.

The offering's weighted average Fair Isaac Corp. or FICO score was 611. Roughly 50% of the receivables have two-plus-year remaining terms, the rating agency said. 

The average balance per account was $1,326 while the weighted average seasoning was 12 months, Fitch analysts reported.

Additionally, Bloomberg also reported that Vericrest Financial plans to sell a $104 million 144A residential mortgage transaction underwritten by Wells Fargo and Royal Bank of Scotland.

Vericrest is a privately held financial services firm mostly servicing residential mortgage and consumer finance loans.


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