Finance

Nearly seven months after the exit of former CEO Raymond LaPlanche, the first rated securitization of Lending Club loans has come to market.

Removing Fannie Mae and Freddie Mac from government control, as Treasury Secretary-designate Steven Mnuchin would like to, could mean the two entities will do more to compete for lenders' loans.

MidCap Financial Services is marketing $251.7 million securitization of loans to life sciences and real estate companies.

Ford Motor Credit is offering its fifth dealer floorplan securitization of the year, marketing $862.75 million in bonds that back lines of credit provided by the captive finance company to its network of dealers.

The recent shake-up at CAN Capital could spark greater scrutiny of a sector that has drawn comparisons to the bubble-era subprime mortgage market.

Subprime lender OneMain Holdings is coming to the securitization market for the first time since its predecessor, Springleaf Finance, acquired the OneMain business from Citigroup in November 2015.

Late payments on securitized commercial mortgages continued to climb in November, as they have for eight of the last nine months.

Loan backed by Hilton Hawaii Village Shows Up in Yet Another Commercial Mortgage Securitization1

Treasury Secretary-designate Steven Mnuchin wasted no time Wednesday joining one of the thorniest debates in the financial services arena, saying the Trump administration would seek to end government control of Fannie Mae and Freddie Mac and return them to the private sector.

Renovate America continues to stretch its regional footprint through its fourth securitization this year of Property Assessed Clean Energy (PACE) bonds supporting green-energy home improvements.

Two new conduits, one from J.P. Morgan and one from Morgan Stanley and Bank of America, totaling nearly $2 billion launched on Tuesday. They followed a $900 million deal from Citigroup on Monday

Much like President-elect Donald Trump himself, expected Treasury Secretary-designate Steven Mnuchin represents something of a question mark for the financial services industry when it comes to his agenda

Santander Consumer’s UK operation is securitizing its first batch of originated British auto loans in over 18 months.

New Residential is securitizing another portfolio of residential mortgages that it acquired through “cleanup calls” on other private label deals, according to DBRS.

Citigroup is marketing $913.4 million of commercial mortgage bonds with heavy exposure to retail properties.

The 2,517 loans in the Towd Point Mortgage Trust 2016-5 pool include a 77.8% share of well-seasoned, modified loans, of which 69% have had no delinquency for at least 24 months.

FICO says it is experiencing wider use of its credit-scoring models for the securitization of equipment installment plan receivables by wireless carriers.

GE Capital Aviation Services is marketing $709 million of notes backed by aircraft leases, according to Kroll Bond Rating Agency.

SCF Realty Capital, a lender that specializes in single-tenant properties, launched its first commercial mortgage securitization on Nov. 22.