Consumer ABS

American Honda and Ally Financial each filed for new securitization offerings Wednesday, with Honda launching its second ABS of 2016 with a $1.28 billion portfolio comprised of its typical low-interest, high credit-quality loans.

SoFi Lending, the marketplace lender that specializes in refinancing student loans to borrowers in post-graduate medical, legal and professional fields, has baked some additional investor protections into its latest securitization.

GMF Floorplan Owner Revolving Trust 2016-1, totaling $592.47 million, is only the second-ever securitization of dealer financing receivables through the GFORT vehicle, founded in 2013.

Sallie Mae Bank is preparing its first private student loan securitization of the year, according to rating agency reports.

Nissan and Hyundai each launched approximately $1 billion of bonds backed by auto leases Thursday, according to rating agency reports.

Darien Rowayton Bank – with a fledging student loan refinancing program for graduates of prestigious medical, business and law schools – is issuing a $176 million securitization of three-classes of fixed- and floating-rate loans.

Capital One Bank is bringing its first 2016 issue of securitized credit-card receivables in two series of notes totaling $750 million through its Capital One Multi-Asset Execution Trust (or COMET), according to a regulatory filing.

The RBC Capital Markets is marketing what is likely to be one of very few offerings of Canadian commercial mortgage bonds this year.

A proposed class-action lawsuit against LendingClub threatens investors in bonds backed by its loans and similar debt even if the plaintiff loses, according to Moody's Investors Service.