JPMorgan Chase & Co. agreed to pay $388 million to settle a suit by investors who claimed the bank misled them about the safety of $10 billion worth of residential mortgage-backed securities.

NextGear plans to issue $433 million of fixed-rate notes backed primarily by auto dealer floorplan receivables, according to Moody’s Investors Service.

Issuance totals of asset backed securities for the year through July 17, 2015.

Asset backed securities that priced in the two weeks ended July 17, 2015.

J.P. Morgan Securities will issue a total of $388 million of securities backed by two pools of jumbo, prime residential mortgages.

Ford Motor Credit is offering $810.8 million of securities backed by a revolving pool of prime auto loans, according to reports from Moody’s Investors Service and Standard & Poor's.

Standard & Poor’s plans to rate the senior notes issued from Five Mile Capital Partners’ CFCRE 2015-RUM CMBS at ‘AA+’; one notch lower than the ‘AAA’ Morningstar assigned the bond.

Fannie Mae priced its latest credit risk sharing transaction under its Connecticut Avenue Securities (CAS) series

Offices, hotels and shopping malls backing commercial mortgage bonds are now as highly leveraged as they were heading into the financial crisis, according to Moody’s Investors Service.

The Treasury Department launched an inquiry into the marketplace lending industry on Thursday, seeking information on its business models, customers and ways firms should be regulated.

B2R Finance, a firm that lends to rental property investors, has appointed Darren Thompson as chief financial officer and executive vice president of strategy.

Enterprise is prepping $650.1 million of bond backed by auto fleet leases, according to Fitch Ratings.