For the third consecutive year, the captive finance credit unit of farm equipment manufacturer/dealer John Deere is choosing February to launch an asset-backed securitization of agricultural and construction equipment retail loans it originates and services.

Bond Street in New York has gotten a commitment from the investment bank Jefferies to purchase up to $300 million of its small-business loans.

Hilton Grand Vacations Trust 2017-A is a $350 million, two-note structure backed by more than 16,000, prime-borrower timeshare loans representing the company’s third overall asset-backed transaction since 2013.

Bain Capital Credit is pursuing the first U.S. CLO refinancing this year that does not appear driven by risk-retention strategies.

Fannie Mae has priced its first resecuritization of multifamily mortgages on energy efficient buildings.

Ocwen has stepped away from the business of acquiring mortgage service portfolios - for now - so the special servicer is exploring new business lines as varied as mortgage originations to alternative lending under the direction of new non-executive chair Phyllis Caldwell. a former U.S. Treasury executive.

The San Francisco company reported a $32 million loss during the fourth quarter, bringing its losses for the full year to $146 million. For the sake of comparison, Lending Club reported profits of $4.6 million in the fourth quarter of 2015.

Trading volume of $56.6 billion in the fourth quarter was the second-highest level for the market since the first quarter of 2014. Loan prices selling near or above par also rose last fall.

Fannie Mae plans to sell nonperforming loans with $1.7 billion in unpaid principal balance.

The risk of disruption during a potential servicing transfer is worse for bonds backed by private student loans than for bonds backed by federally guaranteed student loans.

Royal Bank of Canada is securitizing its first U.S. dollar-denominated credit-card receivables portfolio of the year in an asset-backed transaction through the Golden Credit Card Trust.