Fannie Mae and Freddie Mac each issued two CRT transactions during the first quarter of 2026, including deals in March amid broader economic volatility. (Includes data table.)
For two decades, the global investment firm allegedly mislabeled collateralized mortgage obligations issued by private entities as government or corporate bonds.
Aircraft-lease ABS generally have low exposure to Spirit Airlines, and planes tied to Spirit are expected to be re-leased with little issue due to strong demand in the market.
American Airlines generated about $1.1 billion from the sale of enhanced equipment trust certificates. It will use the proceeds to purchase 17 new aircraft and refinance loans on 15 older aircraft.
Rocket Mortgage was the top seller-issuer in April thanks to a 24% jump in monthly volume, while UWM slipped to second place. Newrez, Chase and Onity all posted big gains from March. (Includes two data tables.)
FICO’s CEO argued that VantageScore isn’t gaining much traction in the MBS and ABS markets, and that the only way the score will take share with GSE mortgages will be if lenders game the system.
A handful of GSE specified-pool categories based on maximum loan amounts saw increased production in the first quarter, as did MBS backed by investor loans. (Includes data table.)
Fitch placed a “deteriorating” outlook on the securitized second-lien market due to rising delinquencies. However, the rating service said that the sector is still performing within its base case expectations.