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KBRA holds a mixed point of view about SAFCO's long charge-off policy, at 181 days overdue, while the deal-level chargeoff threshold is 121 days.

"We're in a period of global gloom, with pessimism blanketing different countries for different reasons," said Ed Yardeni, president of his eponymous research firm.

The new law is expected to strengthen renewable energy market development, but ongoing supply-chain complications may hinder a jump in deals.

The month ended with 54,000 less properties for which the borrower was at least 30 days or more late on their payments, Black Knight said.

In a market where mortgage rates are skyrocketing, Fitch says the home price values of the current pool are 10.2% above a long-term sustainable level.

Technology is helping big banks gain market share and is more likely to drive consolidation in the years ahead than regional bank mergers.

Experts review scenarios that could cause Federal Reserve chairman Jerome Powell to reverse course on a decision this week that left some lenders breathing a sigh of relief.

Issuance volume of asset-backed securities for the year through September 22, 2022

Unlike most bank-sponsored, credit-linked note deals, a cash collateral account will secure the note payments to the deal, after the sponsor sells initial notes.

Short-end rates for the first half of 2023 have already leaped higher, bringing market policy-rate expectations in line with those of officials near 4.6%.