SFA Research Pieces

As 2024 concludes, the securitization market has demonstrated remarkable resilience, marked by robust issuance volumes, strong investor demand, and growth across both traditional and emerging…

Inflation remained steady in October, with headline CPI rising 0.2% month-over-month and core CPI up 0.3%, both in line with expectations. Year-over-year, headline inflation reached…

Whole business securitization (WBS) has become a vital financing tool, enabling companies to leverage brand-driven cash flows for capital. Our latest article reviews the sector…

Hurricanes Helene and Milton recently highlighted the significant impact natural disasters can have, with damages estimated up to $47.5 billion and $34 billion, respectively. In…

Auto ABS issuance is hitting new heights, reaching $137 billion by the end of Q3—a 17% increase from last year. Nonprime loans and growing leasing…

In 2024, credit-linked notes added $1.6 billion to ABS issuance, predominantly tied to prime auto loans, with one transaction referencing student loans—the first of its…

We are excited to announce the launch of the Structured Finance Journal (SFJ), a peer-reviewed publication dedicated to advancing research in the structured fixed-income markets….

Pre-COVID, consumer loan performance tracked unemployment closely. This relationship decoupled in 2020. “We have seen credit scores moving up following the onset of pandemic, largely reflecting…

SFA’s Research Corner considers credit card ABS which, unlike other asset classes, are tied to the prime rate and are particularly sensitive to the Fed’s rate hikes….

On August 7, the SFA held its inaugural Research Symposium, which provided timely insights amid a volatile market reacting to economic data. A key highlight…