A new SEC proposal wouldn’t set climate-related disclosures for MBS and ABS, though such standards are still under consideration.

A subsidiary of Entergy Corp. is offering a $290.0 million securitization backed by system restoration charges on electric customers to help pay for recoveries from storms in southeast Texas in recent years.

Net losses, recovery rates and delinquencies for auto ABS took performance hits in January, according to S&P.

Jimmy John’s and Wingstop are on the menu in the latest round of whole-business securitizations.

The performance of MBS and ABS isn’t expected to be directly impacted by the fallout of Russia’s invasion of Ukraine in the near term; prepayment rates on agency MBS declined in February.

Momentum for aircraft securitizations won’t come until late 2022, according to Fitch. Sanctions on Russia and damage to planes in Ukraine could sink certain deals.

Over the course of the full year, bank holdings of auto loan securitizations rose 41%, but consumer ABS remained the industry’s top preference in the ABS market. (Includes two data charts.)

Overall securitization rates declined in 2021 as the historic wave of GSE and government business began giving way to increased non-agency lending. (Includes data chart.)

A $732.6 million ABS tied to music royalties closed this week. Other esoteric ABS in the market include healthcare-related financing, shipping container leases and property tax liens.

Borrowers with loans in various types of MBS and ABS could be stretched as interest rates increase, according to industry analysts. Prepayment rates are also likely to slow.