ABS

American Honda Finance Corp, Ally Financial, Porsche and GM Financial all priced auto-related securitizations this week

Manufacturers that fund customer lending via the securitization market just got a break from the Commodity Futures Trading Commission.

BofAMerrill analysts think the ECB could be a lot more aggressive in the securitization-purchasing program it launched last November.

Zurich Insurance is markting a transaction called Willow No.2 (Ireland) that repackages subordinate notes previously issued by the Swiss multi-line insurer.

Italy’s Alba Leasing is marketing a €767 million ($820 million) securitization of lease receivables extended to Italian small and medium-sized enterprises (SMEs) and individual entrepreneurs, according to Moody’s Investors Service.

Ocwen Financial has tentatively agreed to sell a mortgage-servicing portfolio on $9.8 billion of loans to Nationstar Mortgage Holdings, and Ocwen hinted that more deals may be in the offing

As part of its asset backed securities purchasing program (ABSPP) launched in November, the ECB is buying portions of senior tranches and encouraging market investors to join in.

The deal called Consumer Credit Origination Loan Trust 2015-1 will offer a total of $377.85 million of securities backed by unsecured consumer loans originated and serviced through the online platform operated by Prosper Funding, the world’s second largest P2P lender.

Structured finance professionals aren’t losing much sleep over a new regulation barring federally-insured banks from engaging in certain kinds of swaps with vehicles that issue asset-backed securities