ABS

A shift toward private markets is cushioning many of the world's largest investors from the wreckage wrought by runaway inflation and spiraling interest rates.

Central banks' aggressive interest-rate hikes to tame inflation have increased the likelihood of borrowers' interest-rate coverage falling short.

HPEFS, 2022-3, is one of the smallest securitized transactions to be issued from the program in two years, and it has the smallest aggregate contract balance.

A measure of U.S. consumer prices rose by more than forecast to a 40-year high in September, pressuring the Fed to raise interest rates even more aggressively.

Since last year, GoodLeap had expanded its offerings to include Home Efficiency Loans, funding a range of improvements such as LED lighting, HVAC, and generators.

US corporate-bond issuance has become tougher to predict amid a spike in volatility, leading dealers to overestimate volume in four of the last nine months.

That pushed down a gauge of applications to purchase or refinance a home by 2%, the eighth drop in nine weeks, to the lowest level since 1997.

The job cuts are coming as higher mortgage rates cut into demand from homeowners to refinance their loans, and reduced purchase activity as well.

Only credit card ABS and residential MBS saw increases, while other major asset classes dipped. Production in private SLABS dipped about 44%.

Cathie Wood flagged the risk of "serious losses" in the trillion-dollar auto debt market, after statistics showed US used vehicle prices decreased in September.

In one notable change from the previous deal, PART 2021-1, the percentage of bankruptcy collateral decreased to 18.58%, from 44.27%.

Ethical-focused debt sales are set to pick up after the U.S. made its biggest financial commitment in history to fight climate change, according to Fitch Group's sustainability arm.

Two potential pools that could be securitized—either a $1.15 billion pool, or another amounting to $1.45 billion, secured mostly by agricultural equipment.

OART 2022-1 seeks to raise $276.3 million, with a strong sponsor, despite concerns about very high geographic concentrations and long original terms.

As warnings from climate scientists "become more and more dire," data revealing the actions of coal companies "remains depressingly consistent."

The sequential-pay structure and non-declining reserve account are expected to result in a buildup of credit enhancement supporting the rated notes.

U.S. mortgage rates jumped to a 16-year high of 6.75%, marking the seventh-straight weekly increase and spurring the worst slump in home loan applications since the depths of the pandemic.

The notes will benefit from the irrevocable right to impose, bill and collect a winter-event securitization charge from customers in Summit's Oklahoma service territory.

The single-family rental industry is slowly making its homes more energy-efficient. About 21% of total US energy consumption last year came from residential energy use.

Estimates of economic losses exceed $50 billion, considering a storm path similar to that of Hurricane Charley, plus higher population and population values.