Fitch Ratings believes that the market disruption caused by mortgages that fail to comply with a new consumer disclosure rules is out of proportion to amount of risk posed to mortgage bond investors.

The Supreme Court on Monday asked the Obama administration to express its views in a case that has raised doubts about the business model used by many online lenders.

A trio of private commercial mortgage veterans announced the launch of Shelby Funding in Boca Raton, Florida.

Social Finance's launch of a hedge fund to buy its loans should set off alarm bells among online lending cheerleaders in venture capital and stock markets; it also points the way to a long-term future for best-of-breed alternative lenders.

Fannie Mae said Friday it offloaded much of the credit risk on $19.5 billion of mortgages to a group of insurers and reinsurers via two Credit Insurance Risk Transfer (CIRT) transactions.

Provisional ratings were provided Friday to a pair of asset-backed securitizations to Apollo Aviation Group and work-vehicle fleet leasing firm Element Financial Corp.

Underwriting league tables for asset-backed securities for the year through March 18, 2016.

Issuance volume of asset-backed securities for the year through March 18, 2016.

Avis Rent a Car is seeking to issue up to $300 million in securitized notes, in one of its smallest securitizations of its rental car leasing contracts in years through the Avis Budget Rental Car Funding (AESOP) master trust.

The increasingly troubled sector often draws comparisons to the subprime mortgage market of the 2000s. But the more apt analogue is the auto-lending sector of the 1990s.

No surprise, Moody’s Investors Service has not been asked to rate Citigroup’s latest securitization of unsecured consumer loans originated by Prosper Marketplace.