ABS

Ford Motor Credit priced a $1.032 billion auto lease securitization; the 1.08-year, AAA-rated tranche yields 15 basis points over the eurodollar synthetic forward rate.

Moody’s Investors Service today placed 60 tranches of securitizations on review for downgrade in the economically beleaguered countries of Spain, Italy and Ireland.

JG Wentworth priced $216 million of notes backed by structured settlement payments, according to a person familiar with the transaction.

Unison priced a $147 million cellular tower securtization today; an 'A'-rated tranche with a weighted average life of 6.98 years yields 3%, according to a person familiar with the transaction.

Wyndham Worldwide priced a $300 million timeshare loan securitization; the senior tranche yields 100 basis points over the interpolated swaps curve, according to a person familiar with the transaction.

Moody’s Investors Service has changed how it incorporates sovereign risk into structured finance transactions.

O’Melveny & Myers has poached Jaroslaw C.K. Hawrylewicz from Barclays Capital.

Unison is in the market with a $147 million cellular tower securitization; it follows on the heels of a $1.8 billion deal from industry goliath American Tower last week.

Bank of America Merrill Lynch is marketing a $766 million securitization of transportation equipment loans and leases for General Electric Capital Corp., according to a presale report from Fitch Ratings.

Wyndham Worldwide is planning a $300 million timeshare loan securitization, its first of the year, according to a presale report from Fitch Ratings.

American Airlines, Inc. issued two tranches of enhanced equipment trust certificates this week while it is still operating under Chapter 11 court supervision.

American Tower priced $1.8 billion of bonds tied to wireless towers; the five-year tranche pays a fixed rate of 1.551%.

Newtek Business Services is preparing a $20.9 million securitization of small business loans, its first in three years.

Tighter spreads on Spanish covered bonds has not appreciably mitigated the risk of holding this paper,

Delinquencies on securitized timeshare loans increased to 3.55% in the fourth quarter of from 3.28% in the third quarter, according to the latest index results from Fitch Ratings.

American Tower Corporation, the U.S. wireless tower operator plans to issue $1.8 billion of securities backed by interests in mortgage loans made to borrowers that are all wholly owned indirect subsidiaries of the issuer.

The catastrophe bond market proved to be a pretty safe place to invest last year, returning 10.28%, notwithstanding the damage Hurricane Sandy inflicted on the eastern seaboard of the U.S.

Analysts at Bank of America Merrill Lynch have a beef with new rules from the Basel Committee on Banking Supervision (BCBS) that spell out how much regulatory capital needs to be set aside for securitizations.

As many as 20 board members have resigned from the American Securitization Forum in a dispute over control of the trade group.