The DOJ has filed charges against four former Tricolor executives for defrauding finance providers and ABS investors by double-pledging collateral and manipulating collateral characteristics.

Losses on auto loan ABS are near record levels. Still, there are pockets of opportunity for savvy investors.

Forward Financing and New Mountain Net Lease separately issued their inaugural securitizations. Both deals were oversubscribed.

JPMorgan Chase’s trading account held the largest combined inventory of MBS, ABS and commercial MBS at the end of the third quarter, though the total was down slightly from June. (Includes two data tables.)

Some large lenders are seeing their cash-window availability capped or being cut off altogether, according to trading advisors. Communications from the GSEs and FHFA on the matter are vague.

The growing securities holdings in Fannie’s retained mortgage portfolio include a large share of non-Fannie agency MBS.

Issuers of utility recovery bonds want the SEC to treat the asset as corporate bonds. They raised concerns about a recent flip by the SEC to treat URBs as ABS, though the SEC notes that it has considered some URBs to be ABS for years.

Interest rate cuts by the Federal Reserve look likely to help maintain investor demand for ABS in 2026.

Treasury researchers develop new measures to predict interest rates on mortgages using shifts in MBS prices.

The $288 million deal is focused on multifamily properties. To this point, the bank’s securitization activity has solely been ABS.