Consumer ABS

Lending Club announced Friday that it is making changes to its contractual relationship with the bank that issues its loans. The move is designed to protect San Francisco-based Lending Club against legal challenges to its business model.

Navient is marketing $1.1 billion of bonds backed by federally guaranteed student loans, according to Moody’s Investors Service.

Capital One Financial in McLean, Va., has added Amazon's former chief information security officer to its board of directors.

DBRS assigned ‘AAA’ ratings to €109.3 million ($120.9 million) of notes issued from RCI Banque’s Cars Alliance Auto Loans France Master.

The go-go days of marketplace lending have screeched to a halt in recent weeks, as anxiety spreads among the big-money investors who fueled the sector's rapid growth.

A pair of private student loan securitizations featuring pools with high-end borrowers in the post-graduate medical, legal and professional fields went to market on Wednesday.

More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for investors who have snapped up billions of dollars of securities backed by risky auto debt.

The Fitch European Auto ABS delinquency indices for both early (30+ days) and late (60+) delinquencies fell to 0.69% and 0.34% respectively, the lowest point in the last 11 years for each.

The terms "peer-to-peer" and "marketplace" lending are often used interchangeably to define all manner of loans made through the Internet. The reality, though, is that aside from lacking storefronts, the many firms now operating in this arena have little in common with one another. Here's a guide to help tell them apart.

Ford Motor Credit went the extra mile in complying with Regulation AB II, but it turns out that other auto lenders don’t have to.