Spruce Finance, Inc., a newly formed financier of residential energy-efficiency and solar panel installations, is issuing its first securitization of home improvement loans originated through both its predecessor companies and Fannie Mae.

Underwriting league tables for asset-baked securities for the year through June 10, 2016.

Marketplace lenders have unveiled a number of self-regulatory plans over the last year in an attempt to stave off government intervention. But a top official at the Federal Trade Commission said Thursday that what has been done so far is not sufficient to protect borrowers.

Duke Energy Florida has launched a $1.3 billion offering of bonds backed by fees it will charge to recover costs associated with the retirement of its Crystal River Unit 3 nuclear power plant

Fearing that housing finance reform has fallen off the congressional priority list, bank and housing trade groups sent a letter to Federal Housing Finance Agency Director Mel Watt on Wednesday to draw attention to the issue.

Two new auto loan pools being issued this week by Foursight Capital and DriveTime Auto Group provide evidence of subprime auto lending’s ongoing market momentum.

Growth in air travel is slowing, but investors are still snapping up bonds backed by leases on passenger jets.

LendingClub abruptly adjourned its annual shareholder meeting Tuesday, saying it wasn't ready to address investors after a leadership shakeup last month. It also overhauled criteria for the consumer loans it arranges online.

JPMorgan Chase’s next residential mortgage securitization looks a lot like the six deals it completed in 2015: it is backed by jumbo loans to high quality borrowers that the bank acquired from other originators.

LStar Capital Finance, the credit affiliate of Lone Star Funds, a global private equity firm, is marketing a $500 million of commercial mortgage securitization, according to rating agency reports.

Ocwen Financial Corp. in West Palm Beach, Fla., will lay off 120 employees as part of a plan to reduce costs