The Latest

Some in the auto lending industry have changed their definitions of key terms in ways that downplay the risks involved.

Ally Bank plans to issue $500 million of securities backed by receivables collected from lines of credit it makes to dealerships.

Mortgage bankers facing new demands on their businesses are becoming increasingly interested in new sources of liquidity, particularly through mortgage servicing rights financing vehicles.

Issuance of ABS, MBS and CMBS for the year through May 22, 2015.

Asset-backed securities that priced in the two weeks ended May 22, 2015.

Exeter Finance has hired Freddie Mac executive Paige H. Wisdom to be its chief financial officer.

JP Morgan's latest RMBS pools loans with slightly lower FICOs, higher LTVs than those recently rated by Kroll Bond Ratings.

Cerberus Capital Management is planning a second securitization of re-performing and seasoned performing residential mortgages, according to DBRS.

The Massachusetts Educational Financing Authority is returning to the structured finance market with $184.8 million of Education Loan Revenue Bonds.

The Senate Banking Committee approved a broad regulatory reform bill Thursday on party lines, with lawmakers on both sides of the aisle vowing to continue negotiations this summer.