Canada’s structured finance and covered bonds markets are poised for additional growth in 2014, according to Fitch Ratings.

The firm said it has hired Juergen Haferkorn as a managing director in London. He will focus on asset-backed securities and expanding Cantor's outreach to German-speaking countries.

The ratings agency said in a report today that based on 2012 mortgage lending figures, had the FHFA implemented then the roughly 4% cut its proposes today, it would have shifted just 1% of borrowers to the private jumbo market.

Although Ocwen Financial agreed to pay more than $2 billion to settle allegations it mishandled foreclosures and mortgages for thousands of borrowers, it could have been even worse for the country's largest nonbank servicer.

They would be funded separately from its current auto loan portfolio and would not be included in the company’s current public securitization program.

The Basel Committee on Banking Supervision has proposed to relax securitization capital charges will lead to “meaningful reductions” in capital requirements.

Investors and Issuers continued to grow comfortable with non-traditional securitizations in 2013; volumes for the sector neared $30 billion, the most issuance seen since 2007.

JP Morgan and Barclays priced the final conduit of the year, JPMBB 2013-C17. The super senior, 10-year notes sold two basis points wide of recent pricing.

The $14.3 billion-asset company sold its entire portfolio of collateralized loan obligations, with a cost-basis of $431 million, at a loss of $1.4 million on Tuesday.

Volumes for enhanced equipment trust certificate (EETC) deals got a $256 million boost after American Airlines priced its C- tranche offering.

Ginnie Mae's first phase of its new securitization platform will makes it easier for MBS issuers to request commitment authority or transfer servicing.