A group of investors will be made whole after a failed Danish bank was found to have misrepresented its finances.
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The number of borrowers who are behind on private student loan payments has fallen to the lowest level since before the financial crisis, when many banks exited the business.
June 11 -
SunTrust Bank is marketing its inaugural prime auto loan securitization.
June 11 -
Redwood Trust's latest securitization, Sequoia Mortgage Trust 2015-3 includes 26 loans, or 6% of the pool, that fall outside of the qualified mortgage guidelines.
June 11 -
Toyota Motor Credit Corp. priced its second ever green auto loan securitization wide of the issuers first deal. However the transaction priced within the pricing spread of the most recent benchmark issue.
June 11 -
Prosper Marketplace, the first peer-to-peer lender in the U.S., is planning to charge an extra fee to investors who want to bundle its loans into bonds in order to offset its increased costs from the securitization process.
June 11
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The Consumer Financial Protection Bureau issued a final rule Wednesday that allows it to monitor the biggest nonbank auto finance companies
June 11 -
SoFi completed its $412 million post-graduate private student loan securitization, SOFI 2015-B and priced the bonds at the tightest spreads yet.
June 10 -
ReadyCap Lending LLC is marketing its first small business loan securitization of the year.
June 10 -
Wells Fargo latest conduit CMBS will offer $1.18 billion of securities backed by mostly by loans secured by commerical real estate located in second rate and third rate property markets.
June 10 -
CommonBond, a marketplace lender specializing in private student loans, announced its first securitization Wednesday.
June 10 -
Italys UnipolSai Assicurazioni is tapping the capital markets to offload some of its earthquake risk.
June 9

