Fifth Third Bank must pay a total of more than $21 million to settle separate claims by the federal government that the bank's indirect auto-loan business discriminated against African-Americans and that the bank deceptively signed up customers for a credit card add-on product.

Freddie Mac has taken out another reinsurance policy that transfers the risk that mortgages it insures will default.

Morgan Stanley and Bank of America Merrill Lynch's latest transaction to be issued from the MSBAM 2015 trust includes a large number of high leverage loans in the collateral pool.

The inside story of the consumer finance protection bureau's battle over auto lending

Issuance totals for ABS, MBS and CMBS for the year through Sept. 25, 2015.

Asset backed securities that priced in the two weeks ended Sept. 25, 2015.

Synchrony Financial is marketing two offerings of notes backed by credit card receivables through its Synchrony Credit Card Master Trust.

AES Distributed Energy is testing the waters for financing commercial solar projects in the securitization market.

Fannie Mae has completed a credit risk sharing transaction that transfers the actual losses on mortgages it ensures – to reinsurers, as opposed to capital markets investors.

American Credit Acceptance has increased the number of loans with higher credit scores in the collateral pool backing the sponsor's third subprime securitization of 2015.

Colony American Finance appointed Christopher Hoeffel as Chief Financial Officer, according to a company press release.

Truly privatizing mortgage risk requires transferring the risk of actual losses to the capital markets.