The Basel re-proposal from federal bank regulators includes provisions that would limit mortgage warehouse lending and securitization by banks, according to industry participants.

More than 30 investors participated in the $508.6 million securitization of home equity investment products.

ABS investors are advised to look closely at deals and focus on senior tranches that offer protection from lower-income borrowers.

A recent issuance from Honor Capital builds on an emerging class of ABS that use life insurance policies for businesses and the wealthy as collateral.

Reprise Financial, formerly doing auto loans as Skopos, will issue its first ABS backed by personal loans, some of which rely on used cars as collateral.

Kroll Bond Rating Agency last week assigned ratings on a $191.5 million deal of residential transition loans from Fidelis Investors.

The Structured Finance Association asked NAIC to work with existing supervisory authorities responsible for oversight of rating services to avoid creating duplicative oversight obligations.

The near-term credit impact of the new housing legislation on existing SFR securitizations is expected to be benign. Build-to-rent properties are expected to be the predominant collateral in new securitizations.

Angel Oak Capital Advisors believes that a recent rise in interest rate volatility could help increase returns for MBS.

Testifying before the House Financial Services Committee this week, Federal Reserve Chair Kevin Warsh said any changes to monetary policy — including the Fed’s balance sheet — will be made transparently and communicated in advance to the market.