© 2026 Arizent. All rights reserved.
Incentives structure and fewer losses drive commercial real estate collateralized loan obligation issuance over conduit commercial mortgage-backed securities.
Liability management exercises are driving defaults and complicating recoveries in collateralized loan obligation pools.
Some current residential mortgages could face higher capital charges, prompting a shift into securitization portfolios.
The Elliot-backed manager doubles down on research and expertise to confront market challenges, including tight arbitrage and a looming 2028 debt maturity wall.
Advantageous arbitrage remains a challenge due to some leverage loan spread compression, but the right level of volatility could relieve it for some existing deals.
With new ownership in place, securitization matches the financing needs of the firm's legacy, multi-tenant projects.
While breaking little new ground the ruling dampens the likelihood of more aggressive liability management exercises (LMEs)
First-loss risk prompts Ellington's migration to the mezzanine level, although some secondary-market equity gets thumbs up.
Nearwater Capital alums join competitors to service the financing industry niche, which will include CLOs sold to European investors.
Banks could restart mortgage servicing businesses and strengthen the RMBS market.
The construction and building sector raises the most concern, but issues should remain manageable.
Defaults have also bumped up, another problematic indication of stress for investors in securitizations of consumer loans.
New CLO entrants surge this year, especially in Europe where the arbitrage is attractive.
Demands for new data centers account for the surge in financing, while offering portfolio diversity.
An adverse, if unlikely, decision about a novel defense of lenders participating in liability management exercises could upend the leveraged loan market.
Ledn anticipates a virtuous cycle of funding and lending that could lead to more securitization deals.
Losses stemming from the 2022 vintage have been offset by excess spread, while cure and roll rates signal caution.
Highly leveraged software companies facing major credit challenges may turn to using more LMEs to stave off defaults.
Investing in vastly more loans that traditional collateralized loan obligations, Mountain Point anticipates approaching the market quarterly.
The investment managers new deal launches into a healthy aircraft market.
Couldn’t load more articles. Try again.