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OnDeck Capital, an online small-business lender in New York, has added a former E-Trade Financial executive to its board, as another director plans to leave.

The Hertz Corp. is preparing two as-yet unsized offerings of bonds backed by rental car fleet financing, according to rating agency reports.

The ongoing deterioration in crude oil prices is raising concerns that the energy sector’s distress will drag down CLOs that have overweight debt exposure to exploration/production and oilfield services firms.

CIFC Corp. saw its stock soar 22.32% Thursday after the No.1 ranked U.S. CLO manager by deals under management announced it had retained JPMorgan to explore a possible sale of the company.

Nations Equipment Finance is shaving exposure to oil-and-gas equipment contracts in its latest asset-backed deal – but still has “relatively high exposure” to the risky field, according to a presale report from DBRS.

Aviation Capital Group, a wholly owned unit of Pacific Life Insurance Co., has redeemed $1.86 billion of asset-backed securities issued in 2005.

As the Florida Hurricane Catastrophe Fund prepares to return to the municipal bond market for the first time in nearly three years, the agency's chief plans to retire.

Martin Stephenson is joining JLT Re, the 4th largest reinsurance broker in the world.

LoanHero, an online lender specializing in consumer loans at the cash register, announced that it has raised $2.5 million in seed funding.

Online lender Enova International said Friday it has entered into a $175 million asset-backed financing facility for its NetCredit installment loan portfolio.

Volvo is coming out with a deal backed by loans on trucking and construction equipment.

SolarCity borrowers in Nevada and Hawaii will face higher than expected costs of operating solar panels thanks to new legislation adopted by each state’s public utilities commissions.

Hawaii successfully raised $150 million via the bond market for its Green Energy Securitization (GEMS) program in November 2014 but the program’s latest quarterly report shows that the money has yet to reach its targeted audience: poor homeowners and renters.

The Securities and Exchange Commission issued its annual review on the credit rating agencies and cited several notable improvements to their operations.

Everyday investors provide marketplace lenders a cushion in case institutional buyers find greener pastures. But regulatory hurdles and an addiction to fast growth are making it difficult for the platforms to lure those coveted savers.

From refinancing the wall of maturing CMBS to getting CLO manager skin the game, these articles held your interest the longest.

Puerto Rico’s electric utility reached an agreement with insurance companies MBIA Inc. and Assured Guaranty Ltd. and bondholders to restructure its $8.2 billion of debt.

Online marketplace lender OnDeck is involved in another securitization but this time it’s not the sponsor.