Consumer ABS

Ford Motor Credit Company’s latest securitization pools the highest amount of longer term loans than any of the previous deals issued by the sponsor, according to Fitch Ratings.

Deutsche Bank AG officials are reviewing whether some employees exaggerated demand as they marketed new securities backed by risky auto loans, potentially suppressing yields for investors, according to a person with knowledge of the matter.

Westlake Services is pooling a larger percentage of its lower credit borrowers in the sponsor's first bond offering of the year.

AmeriCredit Financial Services has started securitizing what may be some of its riskiest subprime loans – those with terms as long as 6.25 years.

DriveTime Automotive Group plans to issue $340 million of bonds backed by subprime auto loan securities, according to Kroll Bond Rating Agency.

Volkswagen is turning to its Chinese assets for its first auto loan, asset backed securities deal of the year.

CommonBond, a New York firm that makes student loans through an online platform, said Tuesday that it has raised more than $275 million in debt funding from Barclays and others.

Bank of America has removed approximately $2.67 billion of receivables from its credit card trust over the past two months.

Once billed as a safer alternative to traditional finance, the new crop of tech-powered lenders is starting to resemble previous generations of finance companies whose fortunes rose and fell with each economic cycle.

DBRS assigned ‘AAA’ ratings to €137.5 million ($150.3 million) of notes issued from RCI Banque’s Cars Alliance Auto Loans France Master.