Market volatility and new regulatory burdens are thinning the ranks of commercial mortgage lenders that underwrite loans for securitization. Activity is slowing down as a result, and it is unclear if banks and insurers will fill the void, especially outside the largest cities.

Bank of America Merrill Lynch is securitizing a single commercial mortgage that real estate investment trust Ashford Hospitality Trust is using to refinance an existing 17 hotel properties in seven states.

XL Insurance (Bermuda) has completed a $300 million catastrophe bond, according to GS Securities, the deal’s sole structuring agent and bookrunner.

Auto lenders continue to defy warnings about growing risks in the market.

Prosper Marketplace has tapped a USAA executive to be its next chief financial officer.

The Securities and Exchange Commissioner took to the podium in the convention center of the Aria Resort & Casino to express to attendees his admiration for the economic benefits of securitization – and his disagreement with the risk-retention regulatory regime that has enveloped it.

Florida lawmakers could soon approve legislation designed to lower borrowing costs by authorizing certain municipal water and sewer providers to issue bonds backed by special customer charges.

Panelists and attendees at the ABS Vegas 2016 conference conveyed varying levels of doubt about at the prospects for securities backed by consumer and small-business loans originated through online lending platforms like Lending Club, Prosper and Funding Circle.

Issuance of commercial mortgage bonds has gotten off to a slow start this year, and the pace is unlikely to pick up soon, as origination of loans used as collateral has slowed.

NewOak named Jonna Boyle as a director in Credit Services LLC, a consultancy that specializes in providing credit and regulatory compliance for commercial and consumer loan products.