Consumer ABS

The Internal Revenue Service has issued guidance clarifying that state student loan programs can use tax-exempt bonds to fund parent loans as well as for a broad range of refinancings that help borrowers take advantage of lower rates

SoFi Lending Corp. is marketing another $536 million of securities backed by private student loans.

GFC Lending, a unit of DT Acceptance Corp., is marketing $165 million of securities backed by subprime auto loans, according to DBRS.

The South Carolina Student Loan Corp. is marketing what may be the first securitization of federally guaranteed student loans since rating agencies put a broad swathe of the market under review for potential downgrades over the summer.

Citigroup's OneMain Financial unit won U.S. antitrust approval for its sale to Springleaf Holdings after the companies agreed to sell branches.

A swaps rule set to take effect in 2016 could make it securitization more expensive, raising funding costs for businesses and consumers.

TCF Bank is marketing its third auto loan securitization, according to Standard & Poor’s

BMW readied its third and biggest ever Chinese auto loan securitization.

Federal Housing Administration closes loophole for student debt in revamped lender handbook.

Did student loan servicer Nelnet took advantage of a sharp selloff in student loan backed securities during the third quarter to add to its holdings?