Securitization

Many of the biggest buyers of leveraged loans are facing pressure to cut back on their purchases as they run out of time to reinvest their money.

AESOP 2023-1 and 2023-2 will remove used vehicle concentration limits and net present value (NPV), and increase original equipment manufacturer (OEM) limits for Tesla.

Rates are expected to reach a four-decade high, a positive for lenders poised to benefit from the increased income while consumers face escalating costs.

The receivables in the pool had a weighted average (WA) credit score of 623, an increase from 605 in the Westlake 2022-2.

GM Financial Consumer Automobile will finance loans on new and used automobile loans, and it references two potential pools for securitization.

U.S. stocks fluctuated as jobs data pointed to a resilient labor market, a concern for the Federal Reserve. Treasuries advanced and the dollar pared declines.

The year could be marked by volatility, induced in part by rising interest rates, but prime money market funds could still see a 0.08% rise in assets.

Amid optimism that inflation has peaked, more than 60% of 610 respondents to the latest MLIV Pulse survey are betting stocks and bonds will move in opposite directions this year.

The investment bank defends its title as No.1 from 2021, and also dominated the auto ABS and commercial MBS asset categories, based on ASR's database.

As the Federal Reserve hikes rates and lenders tighten credit, the consumer sector is holding up—for now. What 2023 brings could heavily depend on employment.

Only credit card ABS saw a major increase, while other major asset classes dipped. Production in private student loan ABS dipped about 67.9%.

A portfolio of 669 newly originated, seasoned and performing line of credit loans will secure the transaction's mortgage-backed notes.

The strains are largely linked to aggressive rate increases by the Federal Reserve and central banks around the world, which have dramatically changed the landscape for lending.

Horizon Technology Finance's Daniel Trolio discusses market strengths, growth challenges, and why Horizon sticks to tried and true capital partners.

It isn't just the scale of profit that's startling, but the industry's ability to push through scandals and thrive anew.

The asset manager is raising $372 million, and managing a portfolio with higher than average rates of turnover and overlap in collateral composition.

Debt markets are increasingly sorting US leveraged loans into two categories: money good, and distressed.

The consensus calls for shrinking collateralized loan obligation volume in 2023, but rewards are said to outweigh the risks.

The largest U.S. bank also includes iron ore and steel companies in latest plan to meet emissions-reduction goals.

Though EFMT is considered non-prime, its mortgage borrowers have a WA original credit score of 737; an LTV of 71.0%; and a debt to income ratio of 33.1%.