Glen Fest

Four new repriced portfolios from BlueMountain, CIFC, GoldenTree and HPS each exceeded 10x debt-to-equity ratio, compared to a three-month prior average of 9.16x on S&P rated deals.

Over three-quarters of loans in the €861.3 million transaction are loans in which borrowers are scheduled to repay almost half the principal in its final installment.

It can be a more efficient way to raise regulatory capital than relying solely on equity, but lenders that securitize this debt have struggled to get the market back off the ground.

Nearly 72% of attendees said their institutions were either only going to get involved “at the appropriate time” or “let the market figure out” how to move to a new benchmark.

Fannie Mae and Freddie Mac’s involvement in the single-family rental market may have been short-lived, but it still had a positive effective, according to Beth O’Brien, CEO of CoreVest.

Corevest CEO Beth O'Brien says that Fannie and Freddie's involvement in the single-family rental market both generated buzz and produced standardized documentation.

Auto loan securitization has been in overdrive this year, even if the global tussle over import tariffs is injecting a note of caution.

While banking regulators are currently looking the other way when corporate debt packages exceed 6.0 leverage, that could easily change under a new administration or Congress.

Look for more providers of property assessed clean energy financing for commercial buildings to follow CleanFund and Greenworks Lending into the securitization market next year.

The private-label card issuer has expanded into co-branded Mastercard accounts with several retailers, which have higher payment rates and fewer delinquencies than cards exclusive to partnering store chains.