Less than $1 billion of credit card ABS were issued in the first nine months of 2020 even though outstanding deals are performing well. Delinquencies are expected to increase.

The vendor uses machine learning and artificial intelligence technology to select and purchase consumer loans from originators.

Issuance in the MBS and ABS markets seems to be humming along with tighter spreads. But industry participants warn investors should beware of over-optimism.

ABS tied to Bojangles, powersports equipment and airline mileage programs recently hit the market. Meanwhile, a whole-business ABS from Planet Fitness was downgraded.

With revenue lower than expected due to the coronavirus pandemic, California is allowing electric utilities to use securitization to avoid sharp rate increases for customers.

Issuance of ABS tied to marine container leases set sail in August, with the sector producing more volume in recent weeks than all of 2018 and 2019 combined.

The bull market in debt offerings by mortgage-related vendors continues. The latest participant: ICE, which is buying Ellie Mae for a stunning $11 billion.

The debt market has been a welcoming place for all sorts of issuers of late. The latest participant: MGIC Investment Corp.

With rates at rock bottom, LendingTree is selling $500 million worth of short-term corporate paper. Not bad for a loan broker.

An advisory panel has called for greater transparency around credit ratings. SEC officials say the reforms could be difficult to implement.