Bank of Montreal (BMO) is backing its third receivables-backed securitization of the year, but the first split-denomination ABS transaction of 2016 in the $1.1 billion deal. TD Bank's Evergreen Trust is also marketing a US/Canadian dollar denominated securitization.

An unusual way of attracting investors in the riskiest slices of collateralized loan obligations is coming under scrutiny.

Underwriting league tables for asset-backed securities for the year through July 1, 2016.

Issuance volume of asset-backed securities for the year through July 1, 2016.

Online lender Avant is offering voluntary severance packages to its 760 employees. Avant expects the staff cuts to be roughly proportional to a projected 40% decline in loan volume this year, according to a company spokeswoman.

FHFA report on GSE's nonperforming loan sales highlights

Freddie Mac has obtained another three new insurance policies under its Agency Credit Insurance Structure program, representing the largest aggregate transaction to date.

Many energy lenders have begun to sour on shared national credits after years of using the hefty loans to bulk up their balance sheets.

U.S. CLO issuance gained traction in the second quarter, as the dollar volume of deals more than doubled after a sluggish start to the year. Nearly half the respondents in the survey now project CLO issuance to reach about $45 billion for the full year, well below forecasts made at the start of the year.

An eventual "Brexit" from the European Union could exclude CLO managers and investors from the CLO market under existing and proposed EU rules that restrict risk-retention and market activity to EU regulated firms.

Fitch Ratings has updated its loan level due diligence for residential mortgage-backed securities to include compliance grading related to the TILA-RESPA integrated disclosure rules.