Late payments on securitized commercial mortgages climbed sharply in December to a 14-month high, led by office buildings.

Monthly chargeoffs in U.S. prime credit card asset-backed securities fell to a new low of 2.33% in December, according to Fitch Ratings’ monthly index results. However, retail credit-card performance saw "mixed" results with chargeoffs rising but monthly payment rate (MPR) levels improving.

Despite mounting losses, credit ratings agencies maintain a steady-but-cautious outlook for subprime auto loan securitization portfolio performance in 2017.

The Federal Housing Finance Agency is making it easier for Federal Home Loan banks to expand the kinds of collateral they can accept for advances

Issuance volume of asset-backed securities for the year through December 30, 2016.

Underwriting league tables for asset-backed securities for the year through December 30, 2016.

Iconix Brand Group is selling another brand in its portfolio order to further reduce its indebtedness

Institutional refinancing in the fourth quarter, and continued high investor demand, drove a 12% surge in year-over-year U.S. leveraged lending in 2016 to $875 billion.

The $43.1 million SCR Notes Series 2016-MDN2, Class B, are linked to the credit risk of 68 multifamily mortgage loans originated between 1999 and 2016 with an unpaid principal balance of $863 million

A larger-than-expected “bail-in” of Banca Monte dei Paschi di Siena has placed the focus on other major Italian banks that have similar plans to seek government guarantees on their non-performing loan securitizations.

PHH is selling its remaining residential mortgage servicing portfolio to the real estate investment trust New Residential.

Russia’s Vozrozhdenie Bank is coming to market with a RUB 7.4 billion securitization of residential mortgages, it’s fifth to date, according to Moody’s Investors Service.