Federally guaranteed student loans are supposed to be a bulletproof asset class for securitization, but investors are learning that they can't be sure exactly when they will be repaid.

Hyundai Capital America is marketing $990.5 million of securities backed by prime auto loans.

Leeds Building Society is marketing securities backed by a £700 million pool of U.K. prime residential mortgages from the issuer’s Albion U.K. RMBS trust.

Volkswagen Financial Services U.K. is pooling £750 million of U.K. auto loans to back sterling denominated bonds issued from its UK Driver trust.

Banks are seeing steady growth in consumer loan demand nationwide, particularly in auto loans and mortgages, according to a report released Wednesday by the Federal Reserve Board.

Moody’s Investors Service is giving investors and sponsors more time to review proposed changes to its methodology for rating bonds backed by federally guaranteed student loans.

The Puerto Rico Electric Power Authority has reached a deal with forbearing bondholders to reduce its $9 billion in debt by swapping outstanding bonds for one of two kinds of securitizations, receiving 85% of their existing claims.

Dutch mortgage lender Obvion, which is a subsidiary of Rabobank, is marketing a securitization backed by Dutch residential mortgage and construction loans.

NewStar Financial has launched a $400 collateralized loan obligation that complies with European risk retention standards, according to Fitch Ratings.

Commercial Credit Group (CCG) is marketing $309 million of securities backed by construction, transportation and waste management equipment loan and lease contracts.

Two Harbors Investment Corp. is preparing yet up another securitization of fixed-rate, 30-year jumbo mortgages to borrowers with strong credit, according to Kroll Bond Rating Agency and Fitch Ratings.