Downgrades of securities issued by the subprime auto lender highlight the challenges ABS investors can experience working with loan originators who also service their own production.

California and Massachusetts are the latest states to consider securitization as a way to reduce consumer energy bills.

The non-agency conduit owned by Radian is for sale. The entity started issuing MBS about a year ago and stood out among competing providers of private mortgage insurance.

Revisions to disclosure requirements could prompt the issuance of publicly-registered non-agency MBS, which could eventually lead to additional demand from investors.

The securitization rate for residential mortgages came down after reaching an elevated level in the first quarter of 2025. The rate declined for both GSE-eligible mortgages and non-agency loans during the second quarter. (Includes data table.)

The Federal Reserve could lower mortgage rates more effectively by reinvesting its balance sheet runoff in agency MBS, according to a new proposal from Pacific Investment Management Company.

Daily trades in agency MBS aren’t at bragging levels, but there is one positive: Spreads are narrowing.

The $510 million deal received a AAA rating from Moody’s Ratings.

Fitch, S&P and Moody’s continued to dominate the ABS market’s key sectors: vehicle and business finance. The residential MBS business is spread out more among the five major ratings services. (Includes two data tables.)

Tricolor Holdings filed for bankruptcy after fraud allegations emerged following a portfolio review by one of its creditors.