When news broke in October that New York’s Stuy Town was being sold, observers expected the $3 billion loan on the property to be paid off without a glitch. Recent litigation might change that.

A jump in lending in many parts of Europe, coupled with rising economic growth and higher employment, should help bolster the performance of securitizations in Europe, according to Fitch Ratings.

LoanDepot closed its first securitization of personal loans today, the company announced in a press release.

The sponsor will securitize a RM3 billion ($469 million) portfolio of auto loans extended to borrowers in China.

Westgate Resorts has completed its second timeshare loan securitization of the year.

BNP Paribas Personal Finance, a subsidiary BNP Paribas, plans to resume securitizing personal consumer loans via its Noria platform.

The next single-borrower commercial mortgage securitization refinances a portfolio of industrial properties acquired this year by Global Logistic Properties.

Navient is marketing $259 million of securities backed by private student loans it sponsored and services.

Losses on the subprime auto loans that are bundled into bonds are creeping higher. In a release today, Fitch Ratings said the figure hit 8.05% in October on an annualized net basis, from 7.61% a year earlier.

Castlelake LP is preparing its second securitization of leases on older aircraft, according to Kroll Bond Rating Agency.

Issuance volume of asset-backed securities, including mortgage backeds and commercial mortgage backeds, for the year through November 27, 2015.

The banking industry won a small victory this month when the House voted to nullify Consumer Financial Protection Bureau guidance that had led to recent auto lender settlements, but the real battle over the bill and its potential impact is just beginning.