A group of online consumer loans that were packaged into bonds is going bad faster than lenders and bond underwriters had expected, the latest sign that some startups that aimed to revolutionize the banking industry underestimated the risk they were taking

Morningstar Credit Ratings continued its push to become a one-stop ratings agency this fall, adding collateralized loan obligations to its menu of structured finance ratings. The firm issued its first public ratings for two deals in September and November.

Investors in commercial mortgage bonds are becoming comfortable with property assessed clean energy financing.

Aaron Vermut has resigned as chief executive of Prosper Marketplace, according to a report in The Wall Street Journal.

Shellpoint Partners is preparing its first private-label mortgage securitization in over a year, according to Kroll Bond Rating Agency.

The $2-per-pack increase boosts the cost for California smokers by 35%, which Moody's said will decrease cigarette consumption across the country because California comprises 10% of total U.S. cigarette consumption.

SoFi Lending Corp. is marketing its fifth portfolio of refi student loans issued to select advanced-degree professionals. Meanwhile, the Pennsylvania Higher Education Assistance Agency is packaging its second portfolio of primarily FFELP consolidated loans, a significant portion of which carry existing or prior impairments.

Freddie Mac is marketing its fourth offering of securities offloading the credit risk of super-conforming mortgages that it insures.

A Goldman Sachs affiliate submitted the winning bids in Fannie Mae's eighth nonperforming loan sale.

2016 2015 2014 ABS (Public + 144A) 198,825.2 255,681.1 290,588.1 ABS (Public + 144A excluding CDOs) 175,106.4 185,797.3 202,171.9 ABS (Public Only) 78,066.4 98,709.5 119,754.4 ABS (144A Only) 120,758.8 156,971.5 170,833.7 Non-Agency MBS 73,844.2 121,069.3 111,420.8 Agency MBS 244,162.2 202,405.2 198,226.1 CMBS 102,659.7 93,985.0 84,880.0 Source: Thomson Reuters

Underwriting league tables for asset-backed securities for the year through November 11, 2016.

Park Hotels & Resorts, the real estate investment trust being spun out of Hilton Worldwide Holdings, is making another trip to the securitization market.