Mariner Finance is prepping a first-time $225 million asset-backed notes issuance supported by nearly 90,000 subprime and nonprime personal loans. Over 60% of the loans in the 'BBB+'-rated deal are unsecured and nonprime.

Subprime auto lenders Credit Acceptance Corp. and First Investors are marketing a combined $575 million of asset-backeds.

Invictus Capital Partners, a nonprime mortgage lender based in Washington, D.C., is making its debut in the securitization market.

Freddie Mac is preparing its second offering of the year of Structured Agency Credit Notes, which offload some of the risk of default on mortgages that it insures.

Scott Alvarez, the Federal Reserve's longtime general counsel, will retire later this year after nearly three dozen years at the central bank, the agency announced Wednesday

Volvo is preparing its seventh annual securitization of leases on trucks and other commercial equipment, according to Fitch Ratings.

Like other increasingly risk-averse subprime auto lenders. AmeriCredit has boosted the credit quality of the collateral for its first securitizaton of the year.

SoFi, the online lender that caters to well-heeled millennials, has reached an agreement with Promontory Interfinancial Network to sell student loans to community and regional banks.

The Consumer Financial Protection Bureau and the New York attorney general filed a lawsuit Tuesday against a New Jersey law firm and its owner for allegedly luring 9/11 first responders and football players with brain injuries into taking out loans with high interest rates as advances on settlements.

Two Harbors Investment Corp. added to its holdings of mortgage servicing rights in the fourth quarter of 2016 and has no plans to stop.

CVC Credit Partners is marketing what is only the second new European collateralized loan obligation of the year.