The Credit Insurance Risk Transfer (CIRT) 2015-1 shifts the risk of default on a billion pool of residential mortgages to an unnamed panel of reinsurers.

The chance a loan backing U.K. CMBS will default is bumped up once the loan-to-value (LTV) ratio exceeds 60%.

Entergy New Orleans has secured a triple-A rating for its $98.73 million offerings of bonds backed by “storm recovery” fees.

Bonds issued to finance student loans will not become taxable if their issuer takes action to cease being a qualified scholarship funding corporation, the Internal Revenue Service said.

BMW Financial Services is marketing $833.9 million of securities backed by receivables collected from lines of credit it makes to retail automotive dealerships.

Goldman Sachs is marketing $1 billion of commercial mortgage bonds with heavy exposure to retail properties in secondary and tertiary markets, according to Kroll Bond Rating Agency.

American Express is marketing $571.43 million of notes backed by prime credit card receivables, according to Fitch Ratings.

Roark Capital is using a whole business securitization to refinance its purchase of Driven Brands.

Blackstone Group's Invitation Homes, after spending more than $9 billion in a U.S. property-buying spree, is starting to sell some houses as it shifts focus from rapid expansion to fine-tuning its holdings.

China Property & Casualty Reinsurance Co. has issued a cat bond covering earthquake risk for $50 million. It's the first time a Chinese insurer has tapped this market.

Mercedes-Benz Financial Services USA, a unit of Daimler AG, is marketing $959 million of notes; Nissan Motor Acceptance Corp's offering totals $1.04 billion.

Ally Bank is marketing its first prime auto loan securitization of the year, according to Moody’s Investors Service.