The Structured Finance Industry Group published recommendations this week for loan-level data disclosure for ABS backed by unsecured consumer loans originated by marketplace lenders. The proposal was the first in a planned series of “Green Papers” from the trade group that will seek to support “responsible growth” in the issuance of ABS from marketplace lenders. “The best practices initiative, rooted in supporting the responsible growth of securitization in the marketplace sector, will seek to identify a framework of standards and work to identify gaps in application or understanding,” SFIG said. The trade group said...