Fitch Ratings warned Friday that it has been “surprised” to see an increasing number of requests by borrowers to change the terms of loans backing mortgage bonds shortly after securitization.

Santander Consumer reported an uptick in loan modifications, a sign that the auto lender is continuing its aggressive play for subprime borrowers.

Freddie Mac priced another residential mortgage securitization that includes a mix of guaranteed and non-guaranteed notes.

BMW Bank plans to issue a new €800 million ($858 million) securitization of German auto leases, according to Standard & Poor's.

U.S. consumers are shouldering record levels of debt to get behind the wheel of an automobile.

Nationstar's third transaction backed by inactive reverse mortgages is the first to be rated by Moody's Investors Service.

Fannie Mae gets reinsurance on mortgages with LTVs in excess of 80%.

Darien Rowayton Bank plans to securitized a portfolio of refinanced private student loan debt, according to DBRS.

Cerberus Capital Management keeps cranking out bonds backed by re-performing residential mortgages.

Morgan Stanley and UBS’ latest offering of commercial mortgage bonds is most notable for what it lacks: a large number of loans with very high leverage.

Fitch Ratings is proposing changes to the way it rates bonds backed by government-guaranteed student loans to account for the slower pace at which these loans are being repaid.