Avant, the marketplace lender that added former FDIC Chairman Sheila Bair to its board this month, is marketing its second rated securitization of loans to consumers with less-than-stellar credit.
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Ocwen Financial Corp. in West Palm Beach, Fla., will lay off 120 employees as part of a plan to reduce costs
June 7 -
Prior to joining the firm, he was managing director and global head of the natural resources investment banking practice at Barclays.
June 6 -
Vertical Bridge, a cell tower operator founded by former executives of Global Tower Partners, is making its first call on the securitization market.
June 6 -
There's not enough origination volume to sustain seven private mortgage insurers and the number of underwriters may need to shrink, warns MGIC CEO Patrick Sinks
June 6 -
Less than three months after predicting that banks would resume unloading portfolios of federally guaranteed student loans, Navient Corp. appears to have completed such a purchase.
June 6
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New York's financial regulator has ordered 28 online lenders to disclose whether they offer loans to state residents and to describe the types of financing they provide, according to a person briefed on the matter.
June 3 -
Demand for loans that allow homeowners to finance energy-efficiency upgrades by increasing their property taxes is booming and Ygrene Energy Fund is planning regular trips to the securitization market to finance its programs.
June 3 -
The delinquency rate on loans commercial mortgage-backed securities increased for the third consecutive month in May after significant declines at the start of the year, according to Trepp.
June 3 -
California Republic is marketing another $400 million auto loan securitization, its second of the year.
June 3 -
Underwriting league tables for asset-backed securities for the year through June 3, 2016.
June 3 -
Issuance volume of asset-backed securities for the year through June 3, 2016.
June 3 -
The Class A CHASEseries (2016-2) Notes are being issued by JPMorgans Chase Issuance Trust, a filing with the Securities and Exchange Commission states. The Class A notes are due 2021.
June 2

