Finance

Kubota Credit Corp., the finance arm of Kubota Tractor Corp., is marketing $600 million of bonds backed by loans to acquire agricultural, construction, and turf equipment.

Navient is contemplating another securitization of federally guaranteed student loans to borrowers who were once in arrears but are now making timely payments.

The Federal Housing Administration released lender guidance spelling out the circumstances under which it will insure mortgages on properties encumbered by Property Assessed Clean Energy liens similar to tax assessments.

Fannie Mae has priced its latest credit risk sharing transaction under its Connecticut Avenue Securities (CAS) series 2016-C04, a $1.32 billion note offering scheduled to settle on Thursday, July 28.

Deutsche Bank and JPMorgan Chase are readying $300 million of commercial mortgage bonds backed by a single asset – a San Francisco shopping mall.

The consumer-finance startup CommonBond is doubling down on the education-debt market, which has been a pocket of tranquility in an otherwise volatile online lending sector.

The Mortgage Partnership Finance Direct program will now accept larger jumbo mortgages and a wider variety of products including hybrid adjustable rate mortgages, the Federal Home Loan Bank of Chicago and Redwood Trust said Monday.

JPMorgan's Next "House" residential mortgage securitization Weighs in at $2.6 Billion

Comenity Bank is marketing $333.3 million of bonds backed by credit card receivables from its World Financial Network Credit Card Master Note Trust, according to Fitch Ratings.

B2R Finance, the lender backed by the Blackstone Group, is returning to the securitization market after undergoing a shift in strategy and turnover in senior management.

The Consumer Financial Protection Bureau is expected to unveil a proposal on July 28 that would regulate debt collection practices.

Consumer Portfolio Services is planning a third securitization of its subprime auto loan portfolio in 2016, amidst slightly improved underwriting conditions but growing levels of delinquencies on receivables.

John Deere is preparing its second securitizatifon of equipment loans of 2016, according to Fitch Ratings.

Portfolio managers are expecting deteriorating credit conditions in spreads and defaults in North America and Europe this summer, as the Brexit contagion spreads around the globe. In particular, 68% of managers worldwide expect to see growing defaults in the European investment-grade space this summer.

Ford Motor Credit is marketing $777 million of bonds backed by lines of credit that it extends to auto dealerships, according to Standard & Poor’s.

Higher conforming loan limits in high-cost areas create a risk-sharing dilemma, due to limits on how many can be bundled into plain-vanilla mortgage bonds. Here's Freddie Mac's solution.

Fitch Ratings and Moody’s Investors Service have assigned preliminary ratings to a €700 million, 18-month revolving securitization of unsecured consumer auto loans issued and serviced by Banco Bilbao Vizcaya Argentaria, S.A.

Americans' longstanding relationship to automobiles — owning them, driving them — is set for a dramatic shift, and so is auto finance.

Online marketplace lenders found themselves in the congressional crosshairs Tuesday just as some lawmakers are attempting to provide the industry with sought-after reforms.