News
Read the latest articles and press releases about securitization, structured finance, and the Structured Finance Association.
U.S. DOJ Opines on CFPB Funding Injunction
The U.S. Department of Justice (DOJ) directed a federal court that a preliminary injunction does not require the Consumer Financial Protection Bureau (CFPB) Acting Director…
WSJ: Alternative Lending Complicates Consumer Credit Data
The WSJ reports that private credit is increasingly extending loans to U.S. consumers, complicating traditional measures of consumer credit health. As alternative lending, BNPL arrangements and privately…
Fed Lowers Interest Rate to 3.5-3.75% Range
On December 10, the Federal Reserve lowered its federal funds rate rate by a quarter percentage point, to a range between 3.5% – 3.75% -…
Joint Banking Regulators Rescind Leverage Lending Guidance
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (collectively “the agencies”) are rescinding the “Interagency Guidance on Leveraged Lending”,…
U.S. CRE Market is Sluggish
The WSJ reports that institutional investors have yet to warm back up to purchasing commercial real-estate (CRE.) While investors hang onto their CRE holdings, deal activity remains…
Growth in the U.S. Auto Sector is Falling Flat
Prospective U.S. car-buyers are shying away from higher prices in the auto industry – as average new car prices approach $50,000. Auto sales are slowing,…
Bank of England Lowers Capital Requirements for U.K. Banks
On December 2, The Bank of England announced that it will be lowering capital requirements for U.K. banks from 14% to 13%, in an effort…
FHFA, FICO to Release 10T Historical Data
The Federal Housing Finance Agency (FHFA) and FICO, the credit score provider, have agreed on terms and conditions to release historical FICO 10T data. In…