What the CFPB Constitutionality Ruling Means for banks and other lenders.

Navient Corp. is planning its second student-loan securitization in excess of $1 billion this year. The transaction also marks a return to a pool of primarily performing loans through the Federal Family Education Loan Program (FFELP), after two prior transactions consisting entirely of rehab loans that have rebounded from default status.

Fannie Mae has released the details of its pilot sale of reperforming loans.

Tricon American Homes is prepping its second securitization of single family rental homes, according to rating agency reports.

The single-director structure of the Consumer Financial Protection Bureau represents an unconstitutional concentration of executive power, a federal appeals court said Tuesday. But the court stopped short of disbanding the agency, instead giving the president more power to remove its leader.

Three separate offerings of private loans consolidating the debt of medical students and other recent graduates hit the market last week

Increased loss expectations have weakened credit metrics in Westlake Services’ new $500M securitization of subprime vehicle loan receivables. The heightened risk is offset, though, by a continued expansion of its franchise network that is putting borrowers into more reliable, and more expensive, vehicles.

The latest asset-backed transaction, Opportun Funding IV, LLC, Series 2016-C is a $125 million offering of two classes of notes, backed by $147 million in personal consumer loans in Hispanic communities in the U.S.

The five-year loan to South Korean ownership group MAPS Waikiki Hotel LLC was originated by JPMorgan, and comes three years after the renovated property’s leasehold was purchased from the Blackstone Group, which had performed $110.5 million in property renovations.

Edward DeMarco, a former director of the Federal Housing Finance Agency, argues in a new paper that utilizing Ginnie would make for a smoother transition to a new system.

Altisource Residential, a real estate investment trust, is securitizing a portfolio of 4,262 single family rental properties that it recently acquired from Amherst Holdings.

Amherst Pierpont Securities has named former Jefferies executive Erez Biala to form and direct a new collateralized loan obligation trading and origination platform at the fixed-income broker-dealer.