The bonds are backed by contract payments on customer cellphones, a new asset class that has proven popular because of its high payment priority and potential for sizable issuance.

On Tuesday, state legislators voted to override Gov. Sam Brownback’s veto of a bill that would raise state income taxes, effectively killing a plan to reduce the budget gap by securitizing tobacco settlement payments.

The director of the Hawaii Green Infrastructure Authority is trying to put its bond money to work.

Upstart (that's it's name), which was founded by several former Google employees, makes unsecured installment loans to prime and near-prime borrowers.

The $9.8 billion of new collateralized loan obligation issued during the month outstripped the volume of deals being refinanced for the first time this year.

American International Group Inc. could securitize through a unit it has previously used to buy jumbo loans.

Insurance companies surveyed by CREFC and Trepp continued to boost their allocations to commercial real estate in 2016, albeit at a slower rate than in 201.

The German subsidiary of Spanish lender Santander Consumer Finance is planning its first auto loan securitization of the year.

MFA Financial launched a debut offering of bonds backed by rehabbed loans Monday; several other firms have begun aggregating residential mortgages in preparation for possible securitization.

The $319 million transaction is the fifth so far this year as an increase in international trade boosts demand and the cost of manufacturing new containers rises.

Investors are lining up to buy bonds backed by the franchise fees of fast food chains, providing attractive financing for their private equity backers.

Credit metrics in a $147.5 million deal deteriorated mildly compared with the lender's previous securitization, but the real issue, according to S&P Global, is a new repossession fee that eats into recoveries.