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LendingClub Corp. founder and Chief Executive Officer Renaud Laplanche resigned after an internal review of loan sales to a single investor, and president Scott Sanborn was named acting CEO.
May 9
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Greystone, a commercial real estate lending, investment and advisory company, is adding two executives to a mortgage bond lending team.
May 9 -
The RBC Capital Markets is marketing what is likely to be one of very few offerings of Canadian commercial mortgage bonds this year.
May 9
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A proposed class-action lawsuit against LendingClub threatens investors in bonds backed by its loans and similar debt even if the plaintiff loses, according to Moody's Investors Service.
May 6 -
Driven Brands, the holding company controlled by Roark Capital, is issuing another $45 million from its whole business securitization.
May 6 -
General Motors is marketing its second offering of the year of bonds backed by auto leases.
May 6 -
Issuance volume of asset-backed securities for the year through May 6, 2016.
May 6 -
Underwriting league tables for asset-backed securities for the year through May 6, 2016.
May 6 -
Fannie Maes investment portfolio once the source of a bulk of its revenues continued its rapid decline in the first quarter, but executives said they are comfortable focusing on other areas for growth going forward.
May 6
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Global Lending Services is prepping a $200 million offering of bonds backed by subprime auto loans.
May 5
