The overall delinquency rate for loans backing commercial mortgage backed securities is expected to continue to decline in December and January on the back of large loan dispositions

Heavy supply has helped keep spreads on commercial mortgage bonds range-bound over the past couple of weeks, and J.P. Morgan.expects this to continue for the rest of the year.

When JP Morgan agreed to spend $4 billion in consumer relief as part of its $13 billion settlement with the U.S. Department of Justice, it also put investors in these mortgage bonds on the hook.

The final version allows banks to own and lend money to collateralized loan obligations backed exclusively by loans, though they may have to sell holdings of deals backed by bonds or other securities.

Citibank priced an offering of $1.12 billion of floating rate bonds backed by credit card receivables from its Citibank Credit Card Issuance Trust.

The Wells Fargo,RBS CMBS conduit and the Deutsche Bank,Cantor Fitzgerald conduit are both expected to price the super senior notes, 10-year notes tight.

GE Capital is prepping a $305 million securitization of aircraft engine leases, according to a presale report published by Standard & Poor’s.

This week the National Bank of Canada became the fourth bank to establish a covered bonds program under the 2012 Canadian covered bonds legal framework.

The Michigan Public Service Commission (MPSC) approved a securitization that cover most of the costs tied to retiring Consumers Energy’s 950MW of older, coal-fired plants.

Some banks will have to restructure their programs to comply, but they've already invested so much work in complying with other new regulations that they're unlikely to pull the plug now.

The Dutch State Treasury, on Wednesday, sold $5.1 billion of non-agency RMBS held in the ING illiquid assets back-up facility to 5 dealers.