Live Oak Bancshares in Wilmington, N.C., one of the largest 7(a) program lenders in the U.S. last year, has promoted Greg Thompson to chief operating officer.

Virgin Money Plc plans to offer the first UK RMBS of 2016 from its Gosforth master trust.

AmeriCredit Financial Services has started securitizing what may be some of its riskiest subprime loans – those with terms as long as 6.25 years.

The Federal Open Markets Committee's recent move to raise short-term interest rates has commercial real estate debt and equity financing markets even more upbeat about their prospects in 2016.

The oil bust wreaking havoc on North Dakota’s economy also threatens to drain cashflows from $125 million of commercial mortgage backed securities, Morningstar Credit Ratings said in a Dec. 30 report.

Freddie Mac is marketing another $1 billion of securities transferring credit risk on a $35.7 billion pool of mortgages held in MBS that it insures.

DriveTime Automotive Group plans to issue $340 million of bonds backed by subprime auto loan securities, according to Kroll Bond Rating Agency.

SolarCity borrowers in Nevada and Hawaii will face higher than expected costs of operating solar panels thanks to new legislation adopted by each state’s public utilities commissions.

Volkswagen is turning to its Chinese assets for its first auto loan, asset backed securities deal of the year.

Ford Credit Europe is getting an early start on its funding with a €610.3 million securitization of German auto loans.

CommonBond, a New York firm that makes student loans through an online platform, said Tuesday that it has raised more than $275 million in debt funding from Barclays and others.