The underlying pool includes prime unsecured consumer loans from Lend-ingClub that were selected using machine learning.

The debt market has been a welcoming place for all sorts of issuers of late. The latest participant: MGIC Investment Corp.

Investors continue their attraction to mortgage-related offerings, debt or otherwise. The latest firm to saddle up to the capital markets bar: Mr. Cooper.

With rates at rock bottom, LendingTree is selling $500 million worth of short-term corporate paper. Not bad for a loan broker.

Rating services are requiring higher credit enhancement levels and taking negative actions on outstanding deals due to problems stemming from the coronavirus. Fitch finalized new criteria for residential MBS late last week.

The bulk of loans from the July 6 Term ABS Loan Facility have gone to investors in legacy commercial MBS.

Mortgage industry vendors seem to have no trouble tapping the capital markets these days. The latest example: Fidelity National Financial.

The performance of ABS from marketplace lenders could take a harder hit from the pandemic than other types of MBS and ABS, said Fitch.

As the Federal Reserve works to get TALF up and running, industry participants hope more types of assets are added to the mix.

Auto ABS offerings returning to the market are being met with strong demand from investors, prompting deal sizes to be increased.