The proposed securitization launches the same week the Federal Reserve lifted a three-year-old enforcement action against the auto lender over its prior risk compliance oversight policies.

Deals, trends and research in structured finance and asset-backed securities for the week of Jan.29-Feb. 4

The ratings agency says the pool of prime motorcycle loans is slightly weaker than the lender's previous securitization, plus uncertainties remain over how the pandemic might still impact riders' monthly payment performance.

The deal definitively ends a monthslong war of words between the data provider and stakeholders who attempted a hostile takeover.

The enforcement action, which concerned deficiencies in the auto lender’s compliance risk management program, was the last remaining regulatory matter Santander had to resolve.

The new transaction priced inside of the coupons Textainer achieved in its prior 2020 container-lease securitization, as investors continue to clamor for the lengthier terms of the asset class' bonds.

However, the share of new impairments increased, likely as a result of the high concentration of these loans given to self-employed borrowers.

Moody's Investors Service says forbearance levels were a factor in assigning a higher expected net loss figure for Navient's new FFELP securitization.

The startup firm, backed by hedge fund capital, is pooling more than half of its managed railcar portfolio for the single-A rated transaction.

A pool of more than 1,600 contracts to small- and middle-market companies include financing for tractors, excavation equipment and dump trucks for firms in transportation, construction and waste services industries.

Issuance of securitizations backed by these loans is becoming more dependable, and Fannie will need more mortgages that finance newly-built energy-efficient homes to keep it going.

The CARES Act-related forbearances could be “lulling us into a false sense of security” as 12-month expirations approach, according to Black Knight.