The Latest

Car loans in the U.S. are soaring, but don't expect a crash any time soon.

Wyndham Worldwide is first out the gate this year with a securitization of timeshare loans.

A well-seasoned collection of £470.3 million in prime “buy-to-let” residential mortgages is being securitized by the UK’s third-largest building society.

Investors continue to demand additional compensation for taking on the credit risk of mortgages insured by Freddie Mac.

LendKey, which manages online lending programs for banks and credit unions, has named Salil Mehta to senior vice president of credit risk and analytics.

The bust in oil prices has jeopardized local economies in heavy oil-sector regions of the country. Might the volatility do the same to mortgage-backed securities, should massive layoffs in the industry give rise to a surge of homeowner defaults in energy production centers? Standard & Poor’s thinks not.

U.S. CLO issuance remained muted in February, with just five deals pricing totaling $2.1 billion, according to Thomson Reuters LPC. However that was an increase from the $826 million from two deals posted in January.

BlackRock Financial Management Inc. says it has identified 85% of the targeted portfolio for Magnetite XVII, which at this point is a highly diverse mix mostly first-lien secured loans (97.6% of the assets) from 160 obligors.

Mercedes-Benz is offering its first auto lease-backed securities of the year, according to Standard & Poor’s.