Sierra Timeshare 2016-2 Receivables Funding is a $300 million, two-tranche notes offering that is secured by more than 14,000 loans through company subsidiaries Wyndham Vacation Resorts and Wyndham Resort Development Corp.

The Federal Housing Finance Agency has opened the door to experimenting with front-end credit risk transfer transactions, but it is not wide enough for some market players.

The mixed-use office/retail complex at 693 Fifth Avenue, which was sold last month by Thor Equities for $525 million, is one of 47 loans backing the $939 million portfolio being issued by the JPMorgan Chase Commercial Mortgage Securities Trust.

World Omni Financial Corp. is making its annual trip to the securitization market with auto leases.

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.