Cart

Inside MBS & ABS

January 2, 2020

View Archived Issues

ABS Issuance Fades in 4Q19, But 2019 Hits 11-Year High

Vehicle-finance transactions and ABS backed by a variety of business-finance assets were the mainstays in 2019’s modest increase in new issuance. Consumer-finance deals saw significant growth but accounted for just 6% of the market. (Includes two data charts.) Read More

Trade Groups Against Plan to Re-Propose GSE Capital Rule

Trade groups are wary that any capital rule issued after May could be over-turned if Democrats win the White House and control of Congress in the next election. Read More

Impac Renews Shelf Registration. Will it Tap the Capital Markets?

The company, a player in non-QM lending, renewed a shelf registration with the SEC but it’s unclear whether it will tap the capital markets. Meanwhile, Mr. Cooper is redeeming some notes early. Read More

Regulators Seek Comment on Credit Risk-Retention Rules

Federal regulators have issued a request for comment on a review of credit risk-retention standards tied to the qualified mortgage “patch” and exemptions for community-focused and three- to four-unit mortgages. Read More

MBA Recommends Changes to Ginnie’s Digital Guide

The Mortgage Bankers Association recommended changes to Ginnie Mae’s proposed Digital Collateral Guidance to clarify requirements for accepting digital promissory notes and other documents. Read More

FDIC Voices Concerns Over Leveraged Lending Risks

In a new supervisory insights report, the FDIC raised concerns about the continuing weakening credit structure of leveraged loans. Read More

SFA Sets Up Task Force to Incorporate ESG in Structured Finance

The Structured Finance Association has launched a task force to help the industry incorporate environmental, social and corporate governance practices into the issuance of MBS and ABS. Read More

Sterling Suspends Non-QM Effort but Collateral Performing Well

Its collateral has been performing well, but questions have been raised about Sterling Bank’s non-QM effort. For now, the program has been suspended but the depository is vowing a return. Read More

The Grapevine: An Advisory Contract to Die For / Houlihan Lokey?

GSE recap-and-release work will generate millions of dollars in fees for the lucky advisory firms. In a few weeks, the FHFA is expected to announce its counsel. Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results