Consumer ABS

Student loans are showing signs of growing too fast, perhaps the only market flashing a warning even as the economic recovery grows older, Citigroup Chief Financial Officer John Gerspach said

Dell and Ascentium launched a pair of equipment lease securitizations; NextGear readies notes backed by auto dealer inventory financing; Consumer Portfolio Services closes on auto ABS.

Navient is hopeful that its purchase of $6.9 billion of student loans from JPMorgan Chase could encourage other banks to consider selling their portfolios.

Supreme Court Justices appeared exasperated with both sides in a case that would define whether companies that buy distressed debt are covered under a federal statute setting limits on their activities.

Fintech companies can help consumers and small businesses obtain credit at lower costs, but it is critical to ensure that these innovative companies do not harm borrowers with predatory or discriminatory lending practices.

The Kentucky Higher Education Student Loan Corp. is planning to issue $40 million of bonds backed by both private and federally guaranteed student loans

S&P Global Ratings has rated its second marine shipping container securitization of the year in a $196 million transaction backed by leases managed by Seaco SRL.

Exeter Finance Corp. took steps to reduce the risk in its first subprime auto loan securitization of 2017, completed in January. For its follow-up deal, launched this week, the indirect lender has shifted slightly into reverse.

A new Republican plan to streamline Dodd-Frank's capital rules, stress tests and many other requirements will be reintroduced in the coming weeks by House Financial Services Committee Chairman Jeb Hensarling.

Mercedes-Benz Financial Services next offering of bonds backed by auto leases with higher credit scores than those of its previous deals.