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Underwriting league tables of asset-backed securities through February 5, 2026

Issuance volume of asset-backed securities for the year through February 5, 2026

The expansion is being fueled by the proliferation of private credit funds as well as a slowdown in dealmaking, pushing private equity firms to tap the market.

Bank statement underwriting, often applied in situations where the borrower is self-employed, accounted for the plurality of documentation types in the pool, at 44.9%.

Alongside a bill that gives homeowners a year of forbearance after state-declared emergencies, lawmakers will consider extending wildfire-related moratoriums.

The deal saw notable changes from SCLP 2021-1, especially an increase in target and initial overcollateralization.

The Federal Reserve, European Central Bank and peers in Japan, the UK and Canada are all scheduled to set interest rates.

Fintech firm IntraFi's most recent quarterly survey of bank executives showed rising pessimism among bankers related to "instability in Washington," as well as growing concerns about technology-enabled fraud.

Tower Point Capital, the deal's manager, is considered to have one of the largest privately held wireless infrastructure portfolios in the U.S.

Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.