CDOs

The CLO new-issue market continues to chug along, with five new deals totaling $2.6 million printed last week, according to a report from Bank of America Merrill Lynch.

Barclays Capital expects total issuance volume for European securitization to remain more or less the same in 2013 from this year.

Moody's has launched its unpublished monitored loan rating or UMLR service in the U.S. Its CLO methodology will treat the ratings under UMLR as identical to the agency's published ratings.

It’s taken several years and rock-bottom interest rates, but more and more investors are eyeing the riskiest tranches of CLOs, known as the equity.

Reporting on the hurricane’s potential impact in the securitization world, Nora Colomer cited CoreLogic’s estimate that nearly 284,000 homes in the Mid-Atlantic region, valued at about $87 billion, were at risk of property damage.

U.S. financial institutions will not be required to start complying with Basel III capital and liquidity requirements by Jan. 1, according to a joint statement issued by regulators on Friday.

Middle Market CLOs continue to make-up a small part of primary volumes, driven by CLO mezzanine investors that are attracted to the wider spreads these deals offer.

S&P downgraded 242 ratings during 3Q12, for a 1.9 upgrade-to-downgrade ratio, dropping from the record ratio of 3.3 in 2Q12.

Prudential Financial said today it has closed the Dryden XXIV Senior Loan Fund, its most recent CLO, at $522.5 million.

JPMorgan has raised money for BlueMountain Capital Management's second CLO of the year.

SEC chairwoman Mary Schapiro criticized the prevailing pay model for ratings agencies on Tuesday.

ABS East 2012, organized by Information Management Network (IMN), is on track to be a little bigger and more upbeat than last year’s conference.

S&P said that due to overlaps in exposure, synthetic collateralized debt obligations in Europe were at a heightened risk of synchronized ratings moves.

Investment bank EA Markets is muscling up their structured finance team by bringing on three new hires: Neil Winward, Greg Raykher, and Gerry Kaufman.

The merger between T-Mobile with MetroPCS Communications is a modest credit positive for collateralized loan obligations, In terms of CLO exposure, S&P reported that MetroPCS is in 331 deals and is the 26th ranked obligor.

Jeffrey Gundlach, the CEO of DoubleLine Capital whose home was burglarized earlier this month, has offered some $1.7 million for information leading to the recovery of stolen artwork.

Citigroup is marketing a $655 million collateralized loan obligation for Carlyle, the private equity firm's third deal this year.

The CLO manager said today that it had tapped Jess Larsen for a new role developing and managing relationships with institutional investors in Europe and the Middle East.

Barclays Capital analysts expect that publicly placed issuance for 2012 in the European asset-backed market will exceed their original forecast.