The auto sector is gearing up for more deals in the pike. AmeriCredit Financial Services and American Honda Finance Corp. are both prepping automobile-backed transactions.

AmeriCredit is in the market with a auto-backed ABS called Automobile Receivables Trust 2010-2. The $600 million transaction is lead managed by Deutsche Bank Securities, JPMorgan Securities and Wells Fargo. Co-managers on the transaction are RBS Securities, Credit Suisse and UBS.

The auto company’s last offering in March tested the market for insured deals as the ABS carried a wrap from Assured Guaranty Corp. Meanwhile, the firm’s latest transaction is a senior/subordinate structure.

Sources said that the benefit of the wrap was not certain, but the company wanted to test the waters anyway for wrapped offerings. This $200 million auto-backed offering was lead managed by RBS Securities and Credit Suisse.

American Honda Finance Corp. is also in the market with an auto deal worth over $1 billion. The underwriters on Honda Auto Receivables Owner Trust 2010-2 are Barclays Capital and Citigroup Global Markets.

Despite legislation eliminating FFELP, a SLABS deal backed by this type of loans is also currently marketed. The $207.2 FFELP-backed North Texas Education Authority Inc. 2010-1 is lead by Bank of America Merrill Lynch.

Preliminary details about the three deals above can be found in the link below from the ASR Scorecard database.

In CMBS land, Citigroup Commercial Mortgage Securities has filed an S-3 with the Securities and Exchange Commission (SEC) to possibly issue a CMBS. To access the actual SEC filing, please click on this link.

This filing comes after talks surfaced about  JPMorgan Chase and Ladder Capital Finance prepping a CMBS worth $800 million for June.

As earlier reported by StructuredFinanceNews.com, the planned conduit CMBS transaction is supposedly backed by new office and retail loans originated by both firms.

Earlier, Royal Bank of Scotland's (RBS) Commercial Funding CMBS came to market. The over $300 million RBS deal was the first CMBS conduit transaction in a couple of years, thus serving as a benchmark for future transactions.

The securitization was backed by 81 commercial real estate properties in Texas, New York, Missouri, Wisconsin and New Jersey and is primarily composed of retail and office properties, which is like the JPMorgan Chase/Ladder Capital potential offering.

RBS and Natixis served as underwriters on the RBS transaction.

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