Read the latest articles and press releases about securitization and structured finance.

SFA News

SFA Research Corner: Surge in Non-Agency RMBS Includes Growth in Single Family Rental Transactions

This week’s Research Corner depicts how non-agency RMBS issuance is on track for a new post-2008 record. Year-to-date, new issue has reached $119 billion, surpassing 2020’s full-year volume and just 12% below 2019’s record year. Building that momentum, strong contributions come from prime jumbo non-QM ($39.1 billion) and re-performing/non-performing non-QM loans ($23.6 billion).

SFA News

SFA Research Corner: Hertz’s New Lease on ABS

This week’s Research Corner examines how Hertz raised $4 billion through two ABS offerings from its new term ABS shelf, Hertz Vehicle Financing III.

SFA News

SFA Research Corner: The Road Back: What a Difference a Jab Makes

This week’s Research Corner highlights recent improvement trends in struggling sectors such as travel and leisure.

SFA News

SFA Research Corner: Continued Jobs Improvement Supports Securitization

This week’s research corner looks at the May’s job report and how improving labor market conditions support securitization. While jobs growth continues to be positive, which is supportive of consumer credit, the report also reflects a labor market still dealing with the lasting effects of the pandemic.

Industry News

SFA Research Corner: Helping Lenders Fund America’s Small Businesses

This week’s Research Corner examines how securitizations increase the lending capacity of lenders and provide small businesses with reliable access to capital.

SFA News

SFA Research Corner: Confidence in CLOs Boosted by 2020 Resiliency and 2021 Economic Recovery

This week’s Research Corner examines how stronger than expected first-quarter activity and a pickup in vaccine distribution have resulted in more optimistic outlooks.

SFA News

SFA Research Corner: Serving the Underserved

This week’s Research Corner analyzes Community Development Financial Institutions, which are private financial institutions whose primary mission is to support community development by providing financing to low-income, low-wealth individuals — a population that has been historically underserved by traditional lenders.

SFA News

SFA Research Corner: Trends in Auto ABS

Used vehicle prices rose 5.87% to 179.2 in March, as reported by the Manheim Used Vehicle Index. March’s value is 26% above its level one year ago and is a record high for the Index.

SFA News

SFA Research Corner: Revolving Debt and Credit Card ABS

Revolving consumer debt, which primarily represents credit card balances, rose $8 billion in February to $974.4 billion, the largest month-over-month increase of this measure since 2019 according to the Federal Reserve’s G.19 Consumer Credit Report.

SFA News

SFA Research Corner: A Tale of Two Mortgage Markets

In 2020, mortgage originations for prime borrowers saw the strongest gains, as origination levels for borrowers with weak credit profiles either dropped or saw only modest growth.