The Latest

Issuance volume of asset-backed securities for the year through April 1, 2015.

Underwriting league tables for asset-backed securities for the year through April 1, 2016.

DriveTime Automotive Group is marketing its second subprime auto loan securitization of the year, according to rating agency reports.

Hyundai Motor is marketing its first offering of the year of bonds backed by dealer inventory financing, according to rating agency reports

The Los Angeles-based manager, a unit of Canyon Capital Advisors, is issuing its first CLO in nearly a year through Canyon CLO 2016-1. The transaction is a follow-up to the $400 million Canyon Capital CLO 2015-1 issuance in April 2015.

AmeriCredit Financial Services, a unit of GM Financial, is marketing its second subprime auto loan securitization of the year, according to Moody’s Investors Service.

Winston & Strawn said this week that veteran financial services attorney Keith Andruschak has joined the firm’s corporate practice as a partner in New York.

Some of the biggest investors in mortgage bonds are asking the Consumer Finance Protection Bureau for additional clarification about their liability for purchases of loans that fail to comply with a new disclosure rule.

The ambiguity over whether regulators favor risk sensitivity or simplicity in setting capital requirements does not help risk management efforts.