ABS

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.

Guggenheim Securities, an investment bank that specializes in bonds backed by unusual assets such as franchise fees and tax liens, has its eyes on more traditional kinds of securitization.

Property Assessed Clean Energy loans have been available in Florida since 2010, but lending, as well as securitization of these loans, has lagged far behind California largely due to a series of lawsuits. A ruling by the Florida Supreme Court in October could change that.

Solar panel loans may be riskier than related assets such as leases and power purchase agreements, but that doesn’t mean that solar loan securitization will necessarily be riskier.

Aviation Capital pulled its securitization of aircraft leases from the securitization pipeline citing volatility in the ABS market.

The outstanding volume of cat bonds and insurance linked securities has hit a record, according to website Artemis.bm.

Most investors in a recent survey said they want to ditch the pricing benchmark now used for many kinds of securitization.

SolarCity is marketing what may be the first securitization of loans to finance the purchase and installation of solar panels by consumers.

California regulators on Monday identified 14 companies that the state is targeting as part of its recently announced inquiry into the marketplace lending industry.

After several years of ceding business to catastrophe bond investors, reinsurers are pushing back, offering premiums that are competitive to the yields a bond sponsor would pay.

California officials have opened a broad inquiry into the marketplace lending business, seeking data from industry participants that will be used to assess the effectiveness of the state's current regulatory regime.

Marketplace lenders started 2015 as darlings of the securitization market, but their white hot growth started to attract calls for more regulation as the year unfolded.

Capital Royalty is the newest sponsor to tap the securitization market to finance venture capital loans made to healthcare product and service companies, according to Kroll Bond Rating Agency.

Rated bonds backed by online marketplace loans might include subprime consumer loans for the first time next year. This is one of predictions that analysts at Moody’s Investors Service made in a recent report on the sector.