U.S. Bank has hired James Ferguson to lead global strategies and product development for its securities services division.

Conn’s Receivables Funding 2016-B is comprised of three tranches of notes sized at $552.78 million, including $391.84 million in Class A notes receiving a provisional ‘BBB’ rating from Fitch Ratings. Fitch has capped the senior notes because of Conn’s higher loan defaults, management changes and credit-risk profile deterioration in recent years.

Takata’s ongoing recall of airbags puts bonds backed by auto leases at increased risk of losses, Moody’s Investors Service warns. Bonds backed by auto loans have only minimal exposure, however.

Nine global banks are testing blockchain and smart contract technologies to see if they can improve the syndicated loan market.

The Consumer Financial Protection Bureau on Monday fined a large auto title lender $9 million for failing to disclose the terms and costs of its title loans in three states and for illegally exposing consumers' information to their employers.

Mortgage insurance companies are getting a long-awaited shot at expanding their business with Fannie Mae and Freddie Mac. But it's shaping up to be less lucrative than they had hoped.

Ditech Financial is returning to the securitization market to fund advances of principal and interest payments to mortgage bondholders.

Citigroup is marketing a $917 million commercial mortgage securitization, according to rating agency presale reports.

The portfolio’s structure includes a €930 million Class A notes stack carrying a floating rate coupon and provisional triple-A ratings from DBRS and Moody’s Investors Service.

Beleaguered subprime auto lender Santander Consumer USA is once again restating its financial results dating to 2013.

In the previous three years, DriveTime has not exceeded three auto loan securitizations in one year. With three months remaining in 2016, the subprime auto lender is already on deal No. 4.