ABS

The percentage of securitized timeshare loans with late payments declined again in the first quarter, according to Fitch Ratings.

Travellers completed a $300 million issue of three-year catastrophe bonds with a 4% coupon; the notes are rated 'BB' by Standard & Poor's.

Law firm Mayer Brown hired Lawrence Berkovich, a former counsel at Dechert, as a partner in the firm's banking and finance practice.

CNH Capital America plans to issue its second equipment lease ABS deal of this year, the $725 million CNH Equipment Trust 2013-B.

Annual payments into the tobacco Master Settlement Agreement for 2003-2012 increased this year to $7.5 billion from last year's $6.15 billion, according to Standard & Poor’s.

Ratings rotation was advocated by some panelists at a talk a convened by the Securities and Exchange Commission on a credit rating assignment system as envisaged by Section 939F of the Dodd-Frank Act, also known as the Franken Amendment.

A range of voices in the structured finance industry spoke against a credit rating assignment system as envisaged by Section 939F of the Dodd-Frank Act at a panel convened by the Securities and Exchange Commission.

Major League Baseball is planning to issue $134 million of notes from its MLB Club Trust, according to a presale published today by Fitch Ratings.

GC Securities expects catastrophe (cat) bond issuance to come within reach if not exceed the $7 billion record hit in 2007, according to a release from the boutique investment bank.

Textainer Group, a lessor of intermodal containers, has amended its $1.2 billion warehouse securitization facility, extending the term and lowering the interest rate.

A global settlement between MBIA and Bank of America is positive for MBIA-wrapped non-agency mortgage-backed securities, according to Barclays.

There’s been plenty of talk about using securitization to finance solar energy, but to date, no deals; the Department of Energy’s National Renewable Energy Laborator wants to jumpstart the process.

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Deals issued pre-crisis are past their most perilous years but structural flaws could still prove hazardous for investors.

Until recently private student loans were the laggards in the recovery of the U.S. securitization market, but demand is picking up.

There’s been plenty of talk about using securitization to finance solar energy, but to date, no deals; the Department of Energy’s National Renewable Energy Laborator wants to jumpstart the process.

Standard & Poor's Sounds Alarm on Covenant-Lite Loans in CLOs

Westgate Resorts plans to issue $140 million of notes backed by timeshare mortgage financings via its Westgate Funding 2013-1 securitization deal.