LendKey, which manages online lending programs for banks and credit unions, has named Salil Mehta to senior vice president of credit risk and analytics.
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The Consumer Financial Protection Bureau will propose changes in late July to its mortgage disclosure rule to provide "greater certainty and clarity" to the mortgage industry.
April 29 -
STACR Debt Notes Series 2016-DNA2 is a $916 million bonds offering featuring a reference pool of primarily single-family mortgages with an unpaid principal balance of $30 billion.
April 28 -
Taurus 2016-2 Deu DAC has a five-class notes structure, including a triple-A provisionally rated 140 million tranche at the top of the capital stack.
April 28 -
Santander Consumer USA Holdings second subprime auto loan securitization of 2016 provides a few clues as to why the company announced Wednesday it would be pulling back its originations in the problem-credit space.
April 28
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Toyota Motor Credit is issuing it second round of securitizing U.S. captive-finance auto loans this year through its Toyota Auto Finance Receivables trust in what could be between a $1.2 billion to $1.6 billion notes offering, according to a federal registration filing Wednesday.
April 28 -
MassMutualAssetFinance is putting more of its business with Uncle Sam into its latest equipment lease and loan securitization package of transportation, federal energy, computers and software contracts.
April 28 -
Months after mounting an aggressive play for subprime auto borrowers, Santander Consumer USA Holdings is scaling back its presence in the market, citing aggressive risk-taking by smaller competitors.
April 27 -
For the first time since the financial crisis, some collateralized loan obligations are being forced to divert funds normally used to pay junior noteholders to be used for the benefit of more senior noteholders.
April 27 -
Officials in three large U.S. states Illinois, New York and California are simultaneously taking initial steps aimed at taming the largely unregulated realm of online small-business lending.
April 26 -
USAA is marketing another catastrophe bond under its Residential Re platform.
April 26 -
The Connecticut Housing Finance Authority intends to offer $189 million in tax-exempt bonds to finance single-family mortgages.
April 26



