The Justice Department told a federal appeals court on Friday that President Trump should have the authority to fire the head of the Consumer Financial Protection Bureau.

Issuance volume of asset-backed securities for the year through March 17, 2017.

Five prime lenders have launched $5.5 billion in new loan- and lease-backed securitizations, including the second transaction of the year for Ally Financial.

A $165 million cash settlement has been reached in a class-action lawsuit that alleged investors were misled about the safety of mortgage-backed securities comprised of loans originated by now-defunct subprime lender NovaStar Mortgage Inc.

Capital Automotive is marketing another $900 million of bonds backed by leases on auto dealerships.

SoFi Lending Corp. is marketing its second student loan securitization of the year.

LSTAR Capital Finance is returning to the securitization market with another offerings of bonds backed by high quality, but highly leveraged commercial mortgage bonds.

Bankers and housing advocates say many low-income housing projects simply won't get built if the White House and Congress move to eliminate two federal block grant programs

Annelis Osborne alleges that she was fired for airing complaints of gender bias and sexual harassment within the rating agency.

Industry groups are raising more concerns about a Fannie Mae financing deal involving the securitization of single-family rental homes, arguing it is too far removed from the government-sponsored enterprise's mandat

Wells Fargo’s next offering of commercial mortgage bonds is unusually concentrated in a relatively small number of large loans, though many are high quality properties located in strong markets.

Marlette Funding's next securitization may show that winning over new investors is better done through emulating, rather than disrupting, traditional bank lending practices.