European CLO manager CVC Credit Partners is preparing its first broadly syndicated loan portfolio of 2016 that will issue €400 million (US$447.3 million) in euro-denominated bonds.

Germany’s Bank11 fr Privatkunden und Handel GmbH (Bank11) is securitizing €550 million in auto-loan backed securities in a series of two classes of notes through its Revocar ABS platform.

The online consumer lender Avant is expanding into auto lending.

Fannie Mae priced its second offering of the year of Connecticut Avenue Securities transferring the credit risk on mortgages that it insures.

LCM Asset Management, American Capital and Telos Asset Management added three collateralized loan obligations totaling nearly $1 billion to the new issue pipeline Friday, according to rating agency reports.

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.