ABS

For hotel mortgage-backed securities, Fitch expects a better outlook, with the 2023 delinquency rate not expected to return to its pandemic peak of 18.4%.

Stabilization in the leveraged loan and high yield bond markets has led to an opening for deals as banks try to reduce debt on their balance sheets before the holidays.

Should Exeter Finance fail to uphold its obligations as servicer, then Citibank will step in as the deal's backup servicer.

After its foray into entity, framework and instrument ESG ratings, Fitch will offer ratings on a range of structured notes including solar ABS, RMBS and CMBS. 

Corporate borrowers will consider tapping bond and loan markets in the coming week as lending costs drop and investors snap up debt ahead of 2022's close.

Kapitus will issue expandable term notes, where at any time during the revolving period it has the ability to issue additional notes, up to $500 million.

US mortgage rates retreated sharply for a second week, hitting a two-month low and providing a bit of traction for the beleaguered housing market.

The uptick in cash balances might indicate the challenges issuers are facing originating new loans for reinvestment in commercial real estate CLOs.

There's no convincing evidence that central banks' purchases of trillions of dollars of bonds and other financial assets helped any economy.

Over time, the receivables that have FICO scores greater than 720 have continued to rise steadily, while receivables with scores of less than 660 have declined.