Some of the smaller landlords that Colony American Finance lends to have pretty sophisticated – and innovative – ways to manage credit

Add this to the list of concerns for investors in bonds backed by federally guaranteed student loans: marketplace lenders are stealing their best collateral.

Policies that seek to increase home ownership by extending more credit to homeowners are misguided, according to former Federal Housing Finance Agency chief Edward J. DeMarco.

There’s greater alignment of interest now between those who issue asset-backeds and those who invest in them, said panelists at IMN’s ABS East conference. But risks are still creeping up, particularly in sectors seeing looser underwriting, such as CMBS.

Navient amended another 16 of its securitization trusts, backed by federally guaranteed student loans that are under review for downgrade, to give the sponsor the option to purchase up to 10% of the student loans in those trusts; as well as to provide loans to the trust under a revolving credit agreement (RCA).

Amtrak is turning to the catastrophe bond market for protection against future damage from storm surges.

JPMorgan Chase Bank has returned to the market with a second mortgage risk-sharing deal that is similar to Fannie Mae's Connecticut Avenue Securities (CAS) transactions, according to a pre-sale report from Fitch Ratings.

Drive Auto Receivables Trust 2015-D (DRIVE) is the issuer’s fourth securitization of deep subprime auto loans.

Freddie Mac's next bond with exposure to actual losses on mortgages only features loans with loan-to-value ratios of over 80 percent.

AH4R American Homes 4 Rent has completed its second single-family rental securitization of the year, the sponsor announced in a press release today.

Deutsche Bank and Cantor Fitzgerald are marketing $1.1 billion of commercial mortgage bonds, according to Kroll Bond Rating Agency.