The Senate approved legislation Thursday to reauthorize the Terrorism Risk Insurance Act, sending it to President Obama's desk after a months-long battle.

AmeriCredit, the subprime lending subsidiary of General Motors Financial, has lined up a $1.1 billion securitization backed by subprime loans.

Ford Motor Credit Company is marketing a $1.35 billion securitization of auto loans.

BMW Financial and Mercedes-Benz priced a total of $3 billion of securities backed by luxury auto lease receivables.

Navient is preparing the first student loan securitization of 2015, the $689.0 million Navient Private Education Loan Trust 2015-A according to Fitch Ratings.

House lawmakers started the new year off divided on Wednesday, with Democrats ultimately defeating a package of financial services measures that included relief from a key Dodd-Frank Act rule.

Angelo Gordon & Co. has acquired at a discount $267 million in soured commercial mortgages from the commercial lender Bancorp Bank.

Dunkin' Brands, the parent company of Dunkin' Donuts and Baskin-Robbins, plans to close its senior secured credit facility and replace it with a securitization.

Gebäudeversicherung Bern has issued its first catastrophe bond, according to GC Securities, the sole placement agent.

he amount of commercial mortgage debt maturing is set to spike this year, when loans taken out during the height of the real estate bubble start coming due.

Trepp reported that December US CMBS delinquencies fell by another 5 basis points to 5.75%. In all, delinquencies in the year fell by 168 basis points from 7.43% in December 2013.