Securitization

There is a clause in the Treasury’s revised bailout deal allowing Fannie Mae and Freddie Mac to sell up to $250 million of assets in one fell swoop.

The National Association of Insurance Commissioners may increase the capital requirements primarily on securities that are not currently classified as NAIC 1.

Nissan Motor Acceptance Corp. is planning to issue a transaction under its Nissan Auto Receivables Owner Trust.

Kelly Thompson Cochran will now serve as the acting assistant director for regulations at the Consumer Financial Protection Bureau.

The federal regulatory monitor of the robo-signing agreement with the five servicers has recruited five directors to help manage the Office of Mortgage Settlement Oversight.

Hertz Chairman Mark Frissora said that, over time, Hertz would assume Dollar Thrifty’s financing of its fleet of rental cars that are currently financed via securitization.

The National Association of Realtors projected that multifamily vacancy rates will fall to 4.2% this quarter versus 5.6% a year ago.

The most recent collateralized debt obligation rated by Standard & Poor’s would bring total issuance in the sector in the year to date to $23.8 billion, according to the agency.

ResCap has been scaling back over the past year and its ability to attract new talent could bode well for the company.

Barclays Capital said that from 2010, U.K. and Canadian credit card lenders have issued roughly $11.5 billion of ABS notes backed by non-U.S. dollar-denominated receivables.

Minutes boost QE3 odds and lower coupons

Regulators, the agencies and the Fed can help ensure that the student loan market is liquid and that there is risk pricing, said Consumer Financial Protection Bureau student-loan Ombudsman Rohit Chopra.

Borrowers are paying down their debts across a number of credit categories — with the big exception being student loans, according to new data published by Equifax.

The GSE reported Friday morning that it purchased $32.5 billion in loans from mortgage lenders in July, down from $44.1 billion in June.

Based on the bank's Citigroup analysis, the replacement of dividends will have a considerable positive effect on the GSEs' credit position.

Wells serviced $379.9 billion of the agency's securities at June 30, giving it a 30% market share in that category.

Rising CRE prices in 2Q12 has set a cautious tone for the rest of the year, according to Standard & Poor's analysts.

Barclays' new trust, since it was just formed, must comply with the FDIC’s new regulations to qualify for Safe Harbor, Citigroup Global Markets analysts explained in a report released today.

The research firm said the negative equity bucketn improved in 2Q12 versus 1Q12 by $42 billion to $1.15 trillion.