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Issuance volume of asset-backed securities for the year through Nov. 14, 2019

New proposed securitizations from American Honda and Ford Motor Credit, plus a U.S.-dollar denominated ABS transaction sponsored by Scotiabank, will push total securitization volume of prime auto ABS to nearly $52 billion - the highest yearly volume in the sector in seven years.

Banks and lenders have made inroads in analytics and automation with machine-learning technology. Will asset management follow suit?

The Federal Housing Financial Agency's latest report on credit risk transfers shows Fannie Mae continues to slowly improve a multifamily mortgage risk-sharing metric that lags Freddie Mac's by a wide margin.

The proceeds from the new notes will be used to help fund the Hampton, N.H.-based company’s rapid international expansion efforts, as well as fund a dividend to Planet Fitness (NYSE: PLNT) equity holders.

The percentage of recent mortgage borrowers with subprime credit scores still resides in the single digits, but nearly doubled what is was in 2013, according to TransUnion.

And the government-sponsored enterprises could hold initial public offerings in 2021 or 2022 to ensure they hold adequate capital, FHFA Director Mark Calabria said.

According to a presale report from Kroll, the additional notes will carry the same ratings and terms on the five counterpart classes of $700 million in outstanding notes.

So far farm loans are holding up well, but bankers gathered at an industry conference this week said they are growing increasingly concerned that credit quality will weaken if the U.S. and China don’t reach a deal soon.

A proposal by a single utility threatens to upend California’s sweeping mandate requiring solar panels on almost every new home.