The CommonBond Student Loan Trust 2016-A is a $153.2 million, three-tranche notes offering comprised almost entirely of loan refinancings through CommonBond or its partner institution, The Bank of Lake Mills in Watertown , Wis.
-
Middle market CLOs have never recovered the role that they played in lending to small and medium-sized companies before the financial crisis; that could change now business development companies and other alternative lenders are under pressure.
May 29 -
LendingClub, the online loan platform looking to restore investor confidence, is in talks with Citigroup to arrange more funding for the debts it arranges, according to a person with knowledge of the matter.
May 27 -
Specialized lender Oxford Finance is securitizing a $324 million notes package backed by first-lien senior loans it has originated for life sciences research firms and healthcare services companies.
May 27 -
GREEN STORM 2016 B.V., a 271.3M RMBS in The Netherlands, is the first-ever securitization of homes pooled together specifically for their energy-efficiency rating, according to Moody's.
May 27 -
U.S. banks are taking bigger risks in auto lending as they compete for market share in a sector that remains red-hot.
May 26
-
Government scrutiny of the for-profit education industry could intensify default risks on up to $1.88 billion of commercial mortgage bonds backed by properties occupied by Corinthian Colleges, the University of Phoenix, and DeVry,
May 26 -
Recent legislative proposals to make piecemeal changes to the government-sponsored enterprises could set broader GSE reform on the wrong path.
May 26 -
Wells Fargo & Co. agreed to pay a $70 million penalty in ending the bank's five-year fight to settle legal claims over foreclosure missteps after the 2008 credit crisis.
May 26 -
Freddie Macs newest form of mortgage reinsurance transfers the risk of credit losses on 15-year residential mortgages that it insures.
May 26 -
Hertz Corp. is marketing two as-yet unsized offerings of notes backed by its auto rental fleet, according to rating agency reports.
May 25 -
The Obama administration and an independent federal banking agency are advising the Supreme Court not to review a lower-court ruling that has roiled the marketplace lending sector and caused consternation throughout much of the consumer finance industry.
May 25



