Finance

A top Treasury Department official expressed concern Thursday that small-business owners don't have adequate protections when borrowing from online lenders.

Barclays and Discover Bank are adding credit card deals to the mix of consumer debt securitization this week, according to Fitch Ratings.

Two auto loan securitizations from AmeriCredit Financial Services and Bank of the West launched today.

Porsche Financial Services has increased exposure to some of its most expensive nameplates in its latest lease securitization.

Santander Consumer USA Holdings plans to exit personal lending and focus primarily on its auto-finance business.

A federal judge has ordered Corinthian Colleges to pay more than $531 million on charges brought by the Consumer Financial Protection Bureau that the for-profit college used illegal tactics to collect on student loan debt.

Walgreens Boots Alliance and Rite Aid, the two most widely held tenants in CMBS deals, plan to merge.

Valeant Pharmaceuticals, which has come under pressure for both its accounting and business practices, is the single largest holding in U.S. collateralized loan obligations, according to Deutsche Bank.

The Department of Education on Tuesday finalized a set of rules that will restrict certain banking practices for federal student loan servicers.

Skopos, an indirect lender, is readying its first term securitization of subprime auto loans with a credit rating.

TSB Bank, which is owned by Banco Sabadell, plans to offer a mix of euro and sterling denominated bonds under its newly minted U.K. master trust called Duncan Funding.

Freddie Mac is preparing its fourth offering of bonds offloading exposure to actual losses on mortgages that it ensures, according to Fitch Ratings.

SMBC Aviation Capital plans to sell $671.9 million of securities backed by a portfolio of aircraft leases.

Arby's is returning to the securitization market with seven-year bonds backed by the sponsor's existing and future franchise agreements, company-owned restaurant royalties, rental income on fee-owned properties and other intellectual property.

Flagship Credit Acceptance, the subprime auto lender controlled by Perella Weinberg Partners, is in the market with a $450 million securitization, according to Standard & Poor’s.

The first securitization of single family rental properties, by Invitation Homes appears to be at risk of a maturity default.

A planned stranded cost securitization by the Puerto Rico Electric Power Authority’s would involve an unusual level risk, according to Moody’s Investors Service.

A bipartisan quartet of House lawmakers introduced a bill Friday that would stop the Federal Housing Finance Agency from moving forward with its rule to establish new membership requirements for the Federal Home Loan Banks.

Hudson's Bay is securitizing a $846.2 million loan that is backed by a portfolio 24 Lord & Taylor and 10 Saks Fifth Avenue stores located in malls and freestanding locations in 15 states, according to Morningstar.