Navitas Credit Corp. is pursuing its third securitization of small and mid-ticket commercial equipment lease and loan receivables in a $202.9 million notes structure.

The trailing 12-month U.S. speculative-grade default rate rose slightly to 5.7% in August, representing the market’s highest default rate since June 2010, according to Moody’s Investors Service.

Late payments on securitized commercial mortgages dipped in August, but there is a growing divide between the performance of loan originated before and after the financial crisis.

Orico (or Oriental Corp.), a Japanese finance company partly owned by Mizuho Financial Group, is structuring a $362.2 million asset-backed portfolio of U.S. dollar denominated notes backed by yen-denominated prime auto loans issued to individual and corporate borrowers in Japan

Kroll Bond Rating Agency taps Mauricio Noe to Lead its push into Europe.

In October, roughly $40 billion collateralized loan obligations will become callable, giving managers with a required payment date only a month in which to refinance before the risk retention requirement kicks in.

Jefferies said it received excellent demand for the $293.255 million of tobacco settlement pass-through bonds it priced for the New York Counties Tobacco Trust VI.

CNH Industrial Capital America and Balboa Capital Corp. launched a combined $1.01 billion of bonds backed by equipment leases Friday.

Issuance volume of asset-backed securities for the year through September 9, 2016,

Underwriting league tables for asset-backed securities for the year through September 9, 2016.

This week, nine auto loan- and lease-backed deals totaling $7.1-$7.4 billion (including a potential upsizing) took the on-ramp to the securitization market, reversing a slow summer of new issuance.

Lending Club, which is seeking to rebound from a recent corporate governance scandal, plans to step up its efforts to sell loans to everyday investors, Chief Executive Scott Sanborn said