trillion in financing provided by securitization
auto debt funded by securitization
residential mortgage debt funded by securitization
credit card debt funded by securitization
Learn more about how structured finance contributes to industry, consumers and the economy.
Securitization provides $13.1 trillion in financing and funded more than 50% of U.S. household debt last year. At the end of the day, through securitization and structured finance, more families, individuals, and businesses have access to essential credit, seamlessly and at a lower price.
The coronavirus outbreak has significantly disrupted global travel, and this has had a negative impact on the airline industry. For the time being, aircraft ABS are insulated from this negative credit event. However, a prolonged and widespread slowdown in global air traffic, leading to much higher than expected lessee defaults, would negatively impact aircraft ABS structures.
New GAO report finds highest-rated senior tranches of collateralized loan obligations (CLOs) remained “largely resilient” following the initial COVID-19 shock even as the leveraged loans deteriorated.