In September, FINRA received approval from the SEC for a plan to require one-minute reporting of many MBS and ABS trades. Now the self-regulatory organization is scuttling implementation, citing concerns from industry participants.

Bank of Hope anticipates three-year earn-back period following sale of low-yielding MBS; Figure touts strong demand for HELOC securitization; Wells transferring some non-agency MBS servicing to Shellpoint; Hooters whole-business securitization downgraded again.

The auto loan ABS comes even as U.S. Bank scales back its auto lending and servicing.

ABS tied to royalties from older music exhibit more stable performance than recent releases, according to KBRA.

Auto ABS was the one sector that sparked some interest among banks as the industry upped its stake in the market by 5%. (Includes two data tables.)

The trade group said amendments to existing regulations, not just the elimination of certain regulations as a whole, are another form of deregulation.

Fintech firm Pagaya will issue an ABS backed by small, short-term consumer loans originated through point-of-sale service Klarna.

Investors are showing a greater interest in ABS this month, following a rocky April. The recent softer tone taken by President Trump on tariffs seems like the reason.

While the bureau seems to be stepping away from an enforcement focus within the ABS market, industry attorneys note that a Third Circuit decision is still binding.

In a shift, losses on home improvement ABS are outpacing losses on solar ABS.