Magazine

PACE sponsors are raising capital and promoting plans to retroactively fund stalled CRE projects amid the COVID-19 outbreak – a potential boost for what has been a shrinking assets class in ABS

Abs participants saw markets freeze and were bracing for even worse when federal aid provided a short-term respite. The question now: how much trust can anyone put in the medium-term and beyond?

Credit unions have seized share in auto lending. It may not be long before the same happens in auto ABS issuance.

Impact investing has long centered on environmental and social purpose, but governance could make huge strides as an ESG consideration in 2020.

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

The idea of forgiving student debt has gained traction in the Democratic presidential debates. Undiscussed so far: the significant impact any program could have on the roughly $175 billion of securities backed by student loans

Private-label securitizations haven’t commanded a meaningful share of the mortgage-backed market in a decade. Trump administration officials seem intent on changing that

MPL securitizations have yet to face a credit-cycle test. The discussion over how they will handle one is intesifying

The industry has a Libor problem. State law could be the remedy. The politics are complicated.

Beyond the length of time planes are grounded, investor exposure to Boeing Max is determined by the type of deal, timing of deliveries and the strength of lessees

California’s tougher oversight has stripped PACE lending of its go-to project financing status among the state’scontractors. That shift may bode ill for the credit quality of those PACE loans that are getting made

California needs to build 3.5 million homes by 2025; much of this could come from accessory dwelling units - provided they can be financed

What does the first downgrade of a subprime auto securitization since the credit crisis say about the state of lending?

Much of this direct lending is finding its way into the securitization market, as big names like GLO/Blackstone and Bain Capital join what had been a clubby market of firms issuing middle market CLOs. There are already concerns about the impact on credit quality.

Summer is when things typically slow down. No better time to float some of the more esoteric asset classes

A year after regulators announced that Libor would be phased out, it's unclear what will replace it as a benchmark for loans

This may be the most liquid and well-bid part of the CMBS market

Single-family homes are scarce and capitals is cheap, so investors are extending their reach with 'infil' projects

Carveouts spared CRE-backed assets from tax reform damage: corporate loans and lease ABS weren't so lucky

THe largest mortgage insurer is using GSE-style risk transfer in the private market

The securitization market is providing a new source of short-term financing for multifamily building under revnovation

What higher education finance reform could mean for private student lenders

LendingClub's first self-sponsored ABS makes it less beholden to direct debt buyers

Fannie and Freddie are making big changes in the way they securitize and transfer risk

Residential providers are shifting leases to loans, which have more credit risk and task owners with maintenance and servicing

As nonprime mortgage lending picks up, RMBS buyers are seeking - and getting - more information than ever

Special Report: Regulation

Why Florida is shaping up to be the next big source of property-assessed clean energy bonds

What distributed ledger technology can do for capital markets

The go-go days of marketplace lending have screeched to a halt as anxiety over regulation and delinquencies cut into demand from the investors who fueled its growth

For the first time since the crisis, CLO Managers are shoring up collateral by diverting funds that had been earmarked for junior creditors

New approaches to underwriting and pricing of student loans have altered the dynamics of this sector of the ABS market

Bonds backed by handset financing may soon be a consumer finance staple, but there's no consensus on how to assess their risk

This building in Stamford, CT is one of many financed by commercial mortgages originated prior to the crisis. Those loans are now coming due - and may prove hard to refinance int he current market

A $3.5 billion sale-and-leaseback transaction for spectrum licenses buys time for a turnaround