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  • A lack of clarity on Dodd-Frank regulation is still keeping a lid on the securitization market, three years after the financial crisis ground the sector to a halt.
  • Klaus Heinemann, the former ceo of global aviation firm AerCap, has formed HH Kapital, a firm that will invest in distressed debt in the aviation industry.
  • The DoubleLine Opportunistic Income Fund, which invests in mortgage-backed securities, was up 16% in the first six months of the year and 28% since it launched last September.
  • The delinquency rate of loans in U.S. commercial mortgage-backed securities slipped 16 basis points in June to 9.02%, according to Moody’s Investors Service.
  • The borrower of a loan which is backed by care homes run by stricken U.K. provider Southern Cross, and securitized in the Titan Europe 2007-1 (NHP) commercial mortgage-backed deal intends to retain funds normally used to service debt as working capital during the restructuring of the tenant.
  • Fannie Mae and Freddie Mac will need to ask for federal funding just days after the U.S. is scheduled to hit its debt ceiling.
  • Lloyds Banking Group has preplaced a new £3.3 billion ($5.32 billion) issue from its U.K. residential mortgage-backed vehicle, Arkle, with a small group of investors as uncertainty continues to dog the European and U.S. markets.
  • Wells Fargo and Bank of America-Merrill Lynch are pitching a $160 million securitization of non-performing residential mortgage assets, called Volt 2011-NPI-1, according to a life insurance investor.
  • JPMorgan Chase has reorganized its mortgage unit, with a more borrower-friendly approach.