Exeter Finance Corp is marketing a $500 million subprime asset backed securitization backed by retail installment sale contracts for new and used autos and light duty trucks.

Participants expect most issuance of collateralized loan obligations will refinance existing deals, according to a survey by the Loan Syndications and Trading Association.

Sallie Mae lined up a $747 million Federal Family Education Loan Program (FFLEP) backed ABS deal.

HLSS Holdings is coming out with a $350-million securitization of servicer advances, according to a presale report by Standard & Poor's.

Freddie Mac plans to issue $1.3 billion in mortgage-backed securities. The notes are expected to price this week, according to a press release on the deal.

PNC Financial Services Group has begun winding down Market Street Funding, an asset-backed commercial paper conduit that funds credit for corporate clients.

Price guidance on Toyota Motor Credit Co.’s auto loan deal and Ford’s dealer floorplan securitization deal was issued on Friday.

Toyota Motor Credit and Hyundai Capital America have added over $2 billion of auto ABS to the pipeline.

The $1.4 billion deal is backed by prime quality loans, but the pool is highly concentrated in New York and Pennsylvania, according to Moody's Investors Service.

China’s State Council introduced a series of measures that support the country’s developing securitization market but it won’t be enough to significantly boost issuance in the short-term, said Fitch Ratings.

CMBS loans in special servicing decreased in August but the recovery rate on liquidated CMBS loans dipped, according to the latest quarterly index results from Fitch Ratings.

JPMorgan Chase is getting out of the student loan business due to stiff competition from federal lending programs