SoFi Lending Corp. is Marketing its first Rated Consumer Loan Securitization

The $2.8 billion in CLOs that have priced this month is not enough to reverse the sluggish 2016 CLO market, which is down over 50% in both deal count and dollar volume compared to mid-2015. But six deals to date in June are pacing toward a third straight month of collateralized loan obligation deal volume topping $5 billion.

Moody's revised its criteria for rating FFELP ABS to take into account heavy borrower usage of Income Based Repayment.

Synchrony Financial said Tuesday that it is expecting loan losses to rise over the next year as more consumers struggle to pay off their credit card balances

Renewable Funding is preparing its first securitization of Property Assessed Green Energy Bonds, according to Kroll Bond Rating Agency.

Cherrywood Commercial Lending, a specialty finance company that caters to owners of smaller commercial properties, is preparing a $115 million securitization, according to DBRS.

A survey of insurers conducted by the Commercial Real Estate Finance Council and Trepp indicates that participants allocated 11.08% of their invested assets to commercial mortgages at the end of 2015, an increase of 40 basis points over the end of 2014.

Chesapeake Funding I LLC Series 2016-2 follows the $600 million offering in March in the Series 2016-1 Series, which together combine for about half the collateral pool of nearly $2 billion in receivables balances on open-ended vehicle leases serviced by Element Vehicle Management Services Group.

Issuance volume of asset-backed securities for the year through June 10, 2016.

Caliber Home Loans is marketing a residential mortgage-backed securitization mainly backed by nonprime loans, called COLT 2016-1 Mortgage Loan Trust.

State student loan authorities sense a business opportunity helping graduates who are gainfully employed lower their payments. Their low-cost funding could put them in competition with banks and marketplace lenders.