The number of borrowers behind on private student loan payments lat the end of the third quarter declined from the year-earlier period, though it was up slightly over the previous six months, according to MeasureOne.
California Republic Bancorp has issued a recently-closed securitization of prime auto loans, the company said in a release.
Fitch Ratings has placed another $30 billion of bonds backed by guaranteed student loans under review for potential downgrades.
Ally Financial, seeking new sources of customers, will finance used cars sold through Beepi, an 18- month-old website that lets people buy vehicles with a few clicks and no test drive.
With regulators nipping at their heels, auto lenders had good reason this year to retrench. But thats not what they did.
Dont expect much of an impact on structured finance next year from the Fed rate hike and its decision to raise rates gradually.
Specialty lender Regional Finance Co. has obtained a $75 million amortizing loan from Wells Fargo Bank that will be secured by automobile receivables.
Most investors in a recent survey said they want to ditch the pricing benchmark now used for many kinds of securitization.
SolarCity is marketing what may be the first securitization of loans to finance the purchase and installation of solar panels by consumers.
California regulators on Monday identified 14 companies that the state is targeting as part of its recently announced inquiry into the marketplace lending industry.
California officials have opened a broad inquiry into the marketplace lending business, seeking data from industry participants that will be used to assess the effectiveness of the state's current regulatory regime.
Marketplace lenders started 2015 as darlings of the securitization market, but their white hot growth started to attract calls for more regulation as the year unfolded.
Underwriting standards will keep slipping for auto loans over the next year but deals performance won't suffer, according to Moody's Investors Service 2016 Auto ABS Outlook.
The Obama Administrations efforts to ease the debt burdens of college students have had unintended consequences for investors in federally guaranteed student loans.
Rated bonds backed by online marketplace loans might include subprime consumer loans for the first time next year. This is one of predictions that analysts at Moodys Investors Service made in a recent report on the sector.
Navient said Monday that investors in six student loan securitizations it services had voted to extend the maturity dates of the bonds.
Citigroup Latest Securitization of Prosper Loans Rated by both Moody's Invetors Service and Fitch Ratings.
California Republic Bank is marketing its fourth auto loan securitization this year.
Banks are losing auto finance market share to captive lenders and finance companies, according to a new report from the credit bureau Experian.
LoanDepot, the marketplace lender that pulled an initial public stock offering last month, is turning to the securitization market for funding.
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