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Recruiting firm WhiteRock is looking to add 20 recruiters, around five of which will be focused on placing structured finance professionals.

The Atlanta, Georgia-based Longhouse Hospitality, controlled by JER Partners, a McLean, Virginia-based private equity and real estate investment management firm, has refinanced existing debt on a portfolio of 42 hotels, raising $264 million, according to Commercial Property News. The hotels in the pool were located in 11 states, including Florida, Texas, North Carolina, Georgia and Louisiana.

The European Securitization Forum is in talks with insurance regulators in Europe with the aim of establishing legislation to allow insurance securitization and credit derivatives to be used like reinsurance to transfer risk.

Lehman Brothers is preparing a £700 million ($1.36 billion) securitization of non-conforming first and second charge residential mortgages originated in the U.K.

Market expectations for Brazil’s IPCA inflation showed a decline from a 2007 median forecast of 4.07% last week to 3.97%. Such expectations have led analysts to predict a cut in interest rates in the medium term.

The larger size of new commercial mortgage-backed securities deals and the number of banks involved in recent deals for Equity Office Properties is causing a pile up in the new issue market.

Commonwealth Bank of Australia has launched a roughly $4.6 billion mortgage-backed securitization.

StoneCastle Partners over the next two years plans to grow its assets under management to $5 billion from about $2 billion.

FirstMac, a Brisbane, Australia-based mortgage lender, is in the market with a A$710 million ($551 million) domestic residential mortgage-backed securities (RMBS) issue, called FirstMac Mortgage Funding Trust Series 1-2007, according to Reuters. Melbourne-based ANZ Investment Bank and Sydney-based Macquarie Bank are joint leads on the deal. London-based HSBC is acting as co-manager. The transaction is backed by a pool of low-documentation loans originated by FirstMac and HSBC Australia. The loans were primarily made to self-employed borrowers whose income and savings history have not been verified. The deal has been rated by Moody’s Investors Service, Standard & Poor’s and Fitch Ratings. The A$610.6 million class is rated AAA/Aaa/AAA. The A$74.55 million class is rated AAA/Aa1/AAA and the A$24.85 million class is rated AA/Aa2/AA

David Steinschraber has joined Merrill Lynch’s Latin American structured products sales and trading group.

A new transaction that securitizes Italian lease contracts is being marketed. Italfinance 2007-1 is sized at €1.7 billion ($2.21 billion ), and is backed by 14, 625 leases which are linked to real estate, autos and boats.

Synthetic collateralized foreign exchange obligations are beginning to appear in dealer pipelines as a handful of firms, including Barclays Capital, are working on structures that package and tranche baskets of emerging-market currency swaps.