A $165 million cash settlement has been reached in a class-action lawsuit that alleged investors were misled about the safety of mortgage-backed securities comprised of loans originated by now-defunct subprime lender NovaStar Mortgage Inc.

Capital Automotive is marketing another $900 million of bonds backed by leases on auto dealerships.

SoFi Lending Corp. is marketing its second student loan securitization of the year.

LSTAR Capital Finance is returning to the securitization market with another offerings of bonds backed by high quality, but highly leveraged commercial mortgage bonds.

Bankers and housing advocates say many low-income housing projects simply won't get built if the White House and Congress move to eliminate two federal block grant programs

Annelis Osborne alleges that she was fired for airing complaints of gender bias and sexual harassment within the rating agency.

Industry groups are raising more concerns about a Fannie Mae financing deal involving the securitization of single-family rental homes, arguing it is too far removed from the government-sponsored enterprise's mandat

Wells Fargo’s next offering of commercial mortgage bonds is unusually concentrated in a relatively small number of large loans, though many are high quality properties located in strong markets.

Marlette Funding's next securitization may show that winning over new investors is better done through emulating, rather than disrupting, traditional bank lending practices.

Shellpoint is marketing another offering of private-label mortgage bonds backed primarily by loans it acquired from Bank of America, National Association, rather than loans originated by its own New Penn subsidiary

The monthly change for defaulted holdings in CLO 2.0s – which now comprise 95% of the market for outstanding CLO issues – rose 0.1% and now stand at 0.12%. The rate for CLO 1.0s rate 0.12%, now standing at 3.13%.

Social Finance Inc.’s online borrowers are defaulting at higher rates than underwriters for one of its bond deals had expected, the latest sign that an industry that hoped to upend banking is now getting tripped up by bad loans.