Consumer ABS

The Bank of Nova Scotia is launching its debut in the U.S. securitization market with bonds backed by auto loans denominated in Canadian dollars

SoFi Lending is marketing another $427 million of bonds backed by unsecured consumer loans, according to rating agency reports.

Prosper Marketplace is closing the secondary market for its loans, citing a lack of demand among investors.

Capital One Financial plans to start issuing credit cards for the outdoor equipment chain Cabela's under a deal connected with the retailer's expected sale to Bass Pro Shops.

Nelnet is marketing its first securitization of federally guaranteed student loans of the year, according to rating agency reports.

The private student loan market is dominated by large players, but some community banks are turning to a third-party tech company to help them get in the game.

Securitized subprime auto loan losses surged 27% on an annualized basis August, putting the sector on a path to approach post-crisis record loss levels by year’s end.

Sallie Mae is marketing its third offering of the year of bonds backed by private student loans.

BMW is adding another $1 billion to the mix of auto-related securitizations in the new issue market.

Santander Drive Auto Receivables Trust (SDART) 2016-3 consists of $1.178 billion in new and used vehicle loans originated or acquired by Santander Consumer USA, with a potential upsizing in the works. Exeter's third deal of the year is sized at $450 million in notes, backed by $471.2 million in subprime loans.