Rialto Capital is prepping a $213.6 million deal backed largely by non-performing commercial mortgage loans, according to pre-sales from Kroll Bond Ratings and Moody's Investors Service.

Greater use of credit bureaus by Russian originators is a credit positive for securitizations in that country.

The catalysts were changes in the models used by Fitch, adverse selection in older mortgage pools, and the sovereign crisis in Europe.

General Electric Capital Corp. is planning to issue $757 million of notes backed by credit card receivables, according to a presale report published today by Fitch Ratings.

Wells Fargo plans to issue a $310 million single borrower CMBS transactions that won't include a third party guarantor to cover "bad-boy" acts.

German Multifamily deals right now offer better value than U.K. prime RMBS and U.S. CMBS, even with more supply on the way.

A 2007 commercial mortgage securitization has earned the dubious distinction of becoming the first deals to stop paying interest to the senior most class of bondholders, according to a special report published by Trepp late Friday.

Standard & Poor’s lowered ratings on 145 classes from 72 U.S. RMBS transactions that are insured by MBIA Insurance Corp. following the bond insurer’s Feb. 28, downgrade.

American Express priced the senior tranche of its latest credit card notes at Libor plus 28 basis points, according to a regulatory filing.

A March 13 settlement between 17 U.S. states, the District of Columbia, and Puerto Rico and several tobacco manufacturers should have a positive impact on cash flows for certain bonds backed by such payments, Fitch Rating said.

A deposit-insurance rule change that takes effect April 1 has been spurring issuance of collateralized loan obligations, according to Barclays.

Banks are expected to start buying riskier portions of collateralized loan obligations in response to a deposit-insurance rule change that takes effect next month.