General Motors is tapping the securitization market to help it provide inventory finance for automotive dealerships.

A tale of two cities? Santander Consumer USA on Thursday put together the first deep-subprime securitization of 2017 that also comes with the highest expected losses of any outstanding loan portfolio on the market. Meanwhile, Ally Financial launched its first deal of 2017 with auto loans from one of the best-performing prime auto-lender portfolios, in terms of losses and delinquencies.

Issuance volume of asset-backed securities for the year through January 20, 2017.

President-elect Donald Trump’s pick for Treasury secretary said he did not support a plan – known as “recap and release” – for returning Fannie Mae and Freddie Mac to the private sector, clarifying earlier remarks that had caused confusion about the incoming administration’s housing finance agenda.

Blackstone/GSO is refinancing a European CLO originally issued in 2014, the €400 million Phoenix Park CLO D.A.C., according to Fitch Ratings.

CFPB lawSuit Against student loan sevicer Navient Followed Apparent 'Ultimatum' to settle by January 20

Enterprise Rent a Car is tapping the securitization market for $750.2 million to finance fleets of cars and trucks that it rents to companies.

The CarMax Auto Owner Trust 2017-1 is among six asset-backed transactions so far this year involving both prime and subprime auto loan and lease pools identified through ratings agency presale reports and regulatory filings.

Portfolio managers are feeling a slight breeze of optimism for the first time in over three years about credit conditions for corporate borrowers, according to the latest survey from the International Association of Credit Portfolio Managers.

Semper Capital Management, a boutique fixed-income investment manager, has hired Christopher Mendez as its general counsel and chief compliance officer.

Is credit risk transfer the right kind of risk-based capital for Fannie Mae and Freddie Mac?