The RBC Capital Markets is marketing what is likely to be one of very few offerings of Canadian commercial mortgage bonds this year.

A proposed class-action lawsuit against LendingClub threatens investors in bonds backed by its loans and similar debt even if the plaintiff loses, according to Moody's Investors Service.

Driven Brands, the holding company controlled by Roark Capital, is issuing another $45 million from its whole business securitization.

General Motors is marketing its second offering of the year of bonds backed by auto leases.

Issuance volume of asset-backed securities for the year through May 6, 2016.

Underwriting league tables for asset-backed securities for the year through May 6, 2016.

Fannie Mae’s investment portfolio – once the source of a bulk of its revenues – continued its rapid decline in the first quarter, but executives said they are comfortable focusing on other areas for growth going forward.

Global Lending Services is prepping a $200 million offering of bonds backed by subprime auto loans.

The Treasury Department will release a white paper next week outlining “research and recommendations” related to marketplace lending as a capstone to its nearly yearlong inquiry into the fast-growing industry

VCL Master Netherlands B.V. is a Euro-denominated ABS that will issue two series of notes backed by €260.05 million in outstanding principal of from more than 14,000 vehicle lease contracts, as well as €108.97 million in receivables’ residual values.

Moody’s Investors Service has assigned a provisional ‘Aaa’ rating to the class of €556.5 million Class A floating rate notes. None have been assigned to the €43.5 million Class B stack.