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

Prior to joining the firm, he was managing director and global head of the natural resources investment banking practice at Barclays.

Vertical Bridge, a cell tower operator founded by former executives of Global Tower Partners, is making its first call on the securitization market.

There's not enough origination volume to sustain seven private mortgage insurers and the number of underwriters may need to shrink, warns MGIC CEO Patrick Sinks