The securitization vehicle set up to fund the tariff deficit in the Spanish power industry will be selling €110 million of debt securities backed by a Spanish government guarantee.

Although European CMBS saw a boost in new issuance in September, with two new transactions closing in a single month for the first time since August 2007, S&P believes that this activity is not indicative of a "sustainable rebound".

Moody’s says that the higher education sector was recently blessed with a credit positive but that the sector will experience mixed credit conditions in the next few years.

A crucial audit will be released on the FHA mutual mortgage insurance fund, but recent figures released by the agency indicate that late payments are headed in the wrong direction.

Mortgage servicers are making a push to remind homeowners who may be facing foreclosure they have roughly 48 days to request independent reviews.

With year-to-date issuance reaching $34 billion, analysts expect full-year 2012 issuance to reach roughly $40 billion, Standard & Poor's analysts said.

Allonhill, Denver, recently laid off roughly 10 full-time appraisers because of a cutback by one of its mortgage clients, according to industry officials close to the matter.

Proceeds will refund the state’s $757 million tobacco securitization that sold last November to help the state wipe out a budget deficit.

Moody's has launched its unpublished monitored loan rating or UMLR service in the U.S. Its CLO methodology will treat the ratings under UMLR as identical to the agency's published ratings.

Multifamily and commercial mortgage loan provider Greystone has formed the Greystone Bassuk Group, a joint venture with The Bassuk Organization.

While Fannie Mae and Freddie Mac remained trapped in federal conservatorships, the two still dominate the mortgage market and little has been done to revive private lending. But that could be changing.

View year-to-date 2011 ABS issuance totals for ABS, MBS and CMBS.