Consumer ABS

Huntington Bancshares followed through Thursday on its previously announced plans to launch a regional $1.5 billion prime auto securitization of indirect loans underwritten and serviced for partnering dealerships.

Lending Club founder and online-lending pioneer Renaud Laplanche is seeking a second act in a new company.

The leading used-car lender in the UK is piloting its latest revolving securitization secured by £405 million in consumer and commercial vehicle leases.

Warning signs are growing in structured finance for 2017.

Student loan servicer Navient Corp. has extended the maturity of another $469 million of bonds backed by federally guaranteed student loans.

The Toronto-Dominion Bank, which hadn’t structured a credit-card securitization in 13 years prior to 2016, is prepping its third multi-currency notes offering of the year secured by Canadian dollar-denominated card receivables.

A group of online consumer loans that were packaged into bonds is going bad faster than lenders and bond underwriters had expected, the latest sign that some startups that aimed to revolutionize the banking industry underestimated the risk they were taking

Aaron Vermut has resigned as chief executive of Prosper Marketplace, according to a report in The Wall Street Journal.

SoFi Lending Corp. is marketing its fifth portfolio of refi student loans issued to select advanced-degree professionals. Meanwhile, the Pennsylvania Higher Education Assistance Agency is packaging its second portfolio of primarily FFELP consolidated loans, a significant portion of which carry existing or prior impairments.