Midgard Prosjekt I ASA (to be renamed Skandiabanken Boligkreditt) plans to offer NOK17 million ($2.05 million) of covered bonds backed by a NOK13 billion pool of Norwegian residential mortgages.

The Consumer Financial Protection Bureau is considering suing Navient Corp., the largest student loan company in the U.S., for allegedly cheating borrowers.

Walter Investment Management has received approval from Freddie Mac to hold the mortgage servicing rights on $3.3 billion in residential mortgage loans.

CLO market is still open: American Capital has closed one deal and CIFC has priced another.

Credit Suisse is taking advantage of the relative calm in credit markets Thursday to launch its second residential mortgage securitization of the year.

Wall Street banks are scaling back their role in supporting debt sales that have helped online lending companies double their originations every year since 2010.

Joshua Baumgarten will leave The Blackstone Group in 2016 for Angelo, Gordon & Co. where he has been named head of credit.

A drop in California’s electricity rates could reduce cashflows for securitizations of solar panel leases, according to Moody’s Investor Report.

The Turkish Catastrophe Insurance Pool has completed a second catastrophe bond through a new shelf bond program dubbed Bosphorus Ltd.

Residential mortgage servicers are once again tapping the securitization market to fund advances to bondholders.

The Federal Housing Administration has weighed in on loans used to finance energy efficient home improvements, which have been a point of contention between mortgage lenders and the municipalities and private companies that make them.