Navient Closes on $10 Billion Asset -Based Commercial Paper Facility provided by Wells Fargo.

Synchrony Bank, formerly GE Capital Retail bank, increased its first credit card securitization, SYNCT 2014-1, by $264 million to $924 million.

B2R Finance announced today that it has hired Jason Hogg as Chief Executive Officer.

John Lapham, co-head of leveraged finance at PineBridge Investments, thinks that the ranks of CLO managers could start to thin well before risk retention rules take effect in 2016.

Santander Consumer USA is marketing its fifth auto loan securitization of the year.

First time issuer Gold Key Resorts is marketing $144 million of bonds backed by timeshare loan receivables.

Ocwen Financial and Wells Fargo have terminated their planned mortgage-servicing deal, Wells said in a press release Thursday.

American Homes 4 Rent is marketing its third single family rental securitization that is backed backed by a $530 million loan secured by 4,521 single-family home rental properties.

Deals tranferring the risk of mortgages insured by Fannie Mae and Freddie Mac aree Good for the Housing Market

Kroll Bond Ratings Agency has been hired to rate its first American Credit Acceptance subprime auto deal.

Student loan securitizations usually come in a single flavor, private or government guaranteed, but the Vermont Student Assistance Corp. is prepping one that includes both types of loans.

After a relatively quiet start to the week, CMBS is back on. Two deals began marketing today that will offer over $1.2 billion of securities.