Puerto Rico Gov. Alejandro García Padilla introduced legislation to reform the Puerto Rico Electric Power Authority, a step PREPA's creditors are requiring for them to accept reduced debt payments.

Joseph Wilson Jr. has joined Golub Capital help expand the credit asset manager’s existing distribution capabilities.

The Federal Home Loan Bank of Chicago is making it easier for members to participate in its Mortgage Partnership Finance program for government-backed loans.

Citigroup plans to issue another $421 million of re-performing, residential mortgage bonds from its Citigroup Mortgage Loan trust, according to DBRS.

New Residential will begin marketing a $500 million securitization of performing mortgage loans next week and will issuer another RMBS in December.

CIT Group is weighing spinning off its aircraft-leasing business as the commercial lender seeks to simplify operations and focus more on the U.S., Chief Executive Officer John Thain said.

Morgan Stanley is securitizing two floating-rate loans totaling $305 million that are in turn backed by hotel and mall properties.

B2R Finance is marketing a second pool of loans secured by rental properties that is both larger and better supported than the issuer's inaugural deal.

Bank of America has agreed to pay $335 million to settle a lawsuit claiming it misled shareholders about risky mortgages and its dependence on the electronic mortgage registry known as MERS.

BlueVirgo Capital Management is marketing $106.1 million of bonds backed by tax lien certificates on New Jersey and Florida based properties, according to Kroll Bond Rating Agency.

Five Oak Investment Corp, a real estate investment trust that manages a portfolio of agency and non-agency RMBS, is back with a second securitization this year, according to Kroll Bond Rating Agency.