Colony America Homes is marketing a $513 million securitization of single family rental homes, according to rating agency presale reports.

Housing shortages in U.S. energy boom towns have driven rents up to New York City levels; but don’t expect that to last too long, says Moody’s Investor’s Service.

Smaller banks

Investors plan bigger increases in their holdings of esoteric ABS than securities backed by consumer or ercial assets over the next 12 months, according to a survey of conducted by DBRS.

Over $1.4 billion of notes backed by consumer assets cleared the pipeline on Wednesday, including $223 million of auto ABS from California Republic Bank, $993 million of student loan ABS from Sallie Mae $255 million of credit card ABS from Cabela's.

Springleaf Finance upsized its first consumer loan securitization of the year to $592 million from $368 million, according to an Interactive Data report.

Sallie Mae has upsized its latest offerings of student loan backed securities, by $248.7million to $992.3 million, according to a regulatory filing.

Consumer Portfolio Services priced $180 million of bonds backed by subprime auto loans, its first securitization of 2014.

Morgan Stanley and Bank of America Merrill Lynch plan to issue a $933 billion commercial mortgage backed securitization dubbed MSBAM 2014-C15.

Revisions to Solvency II, while more securitization friendly, still reduce the appeal of asset backed securities to European insurers, according to Standard & Poor’s.

Securitizations of Spanish SME loans are facing trouble on two fronts: rising corporate insolvencies and new legislation on debt refinancing and restructuring.