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

Industry News

CMBS Provides Insight into Banks’ Loan Book Pressures

Despite mounting debt loads and rising delinquencies, U.S. consumers are not yet overwhelmed. In the fourth quarter, household debt hit a record $17.5 trillion, but adjustments for inflation and income growth indicate it's still below historical peaks.

Industry News

Record Annuity Sales Support Demand for Asset-Backed Securities

Sales of annuities, financial products often purchased by consumers approaching retirement age, hit a record $385 billion in sales in 2023 with higher interest rates promising larger potential monthly payments to policyholders.

Industry News

HFSC Holds Hearing with FINCEN Officials

On February 14, the House Financial Services Committee (HFSC) held a hearing, titled “Oversight of the Financial Crimes Enforcement Network (FinCEN) and the Office of Terrorism and Financial Intelligence (TFI)” with Department of Treasury officials.

Industry News

U.S. CLO Issuance Hits January Record

The year in CLOs started off with the highest January on record; 33 deals totaling nearly $14 billion.

Industry News

Credit Risk Transfer Transactions Find Growing Interest from Banks and Investors

According to Reuters, U.S. banks issued an estimated $7 billion in credit risk transfers (CRTs) in 2023, protecting against the risk of losses on mortgage and auto loans, and on corporate loans which are expected to see more capital charges under proposed Basel rules.

Industry News

Bank Managers Report Deceleration to Tightening Lending Standards

Despite a trend of stricter standards in the 4th quarter for most loan types, the January 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) indicated a decrease in the number of banks tightening lending standards compared to the previous quarter, across all loan types.

Industry News

Consumer Confidence Index Reaches Two-Year High

The Consumer Confidence Index, released January 30th, showed improved sentiments across the index at 114.8, up from 108.0 in December, and marked the third straight month of increase.

Industry News

The Fed’s Proposed Capital Rule Draws Widespread Criticism

The Federal Reserve's plan to boost capital requirements for big banks faces mounting criticism from large banks, Democratic lawmakers and civil rights groups.

Industry News

Surge in U.S. Credit Accessibility Amid Falling Treasury Yields and Investor Optimism

Credit is becoming more accessible in the U.S. as Treasury yields drop, making borrowing easier for businesses and individuals.

Industry News

FOMC Meeting—Federal Reserve Holds Interest Rate for the Present

Acknowledging that economic indicators are improving, the Federal Open Market Committee (FOMC) unanimously maintained the current federal funds rate at 5.25-5.5 percent and reiterated its commitment to reduce balance sheet holdings of Treasury and Agency mortgage-backed securities.

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