11.14.2024 ABS Totals

November 20, 2024, 1:53 p.m. EST 1 Min Read

TRENDING

CLOs

Riskiest CLO securities offer lowest payouts in five years

With borrowing costs near multi-year lows, median equity distributions for the securities reached an annualized rate of 12.1%, the lowest since 2020.

By Rachel Graf

2h ago
Federal Reserve

Miran says Fed should cut 25bps in December 'at a minimum'

Federal Reserve Governor Stephan Miran said emerging stresses in housing and private credit markets warrant a reduction to short-term interest rates. While preferring a 50 basis point cut in December, Miran said he would settle for a 25 basis point reduction.

By Maria Volkova

5h ago
Originations

Mortgage credit availability hits 3-year high

Mortgage credit availability increased 2.3% to 106.8 last month, marking the fourth consecutive month of growth.

By Colin McNamara

6h ago