Harvest’s small business loans raise $93.1 million in ABS
The 306 loans are primarily first-lien, small balance business loans secured by commercial real estate properties, and other collateral related to the mortgage property.
Finance
GPU financing filters into ABS with Stonebriar, Wingspire deals
While much of the borrowing for the AI buildout has gone toward data-center construction, increasingly large debt packages are now being arranged to finance the chips.
Pennymac adopts VantageScore as bi-merge debate heats up
While the three largest lenders now offer VantageScore, Bank of America Securities says two agency pulls boosts consumers scores, no matter which model.
Wells Fargo servicer ratings downgraded on portfolio shift
Fitch Ratings, noting the reduction in Wells Fargo's balances and sale of non-agency servicing, said the bank no longer meets expectations at its old grade.
Stream gets set to raise $255.6 million from home remodeling revenue
The deal will repay due principal on a pro rata basis if the class A credit enhancement is satisfied, no cumulative net loss trigger event has occurred, and no pool balance amortization event is in effect.
Lenders using VantageScore: Watch Freddie’s CRO shake-up
The chief risk officer's oversight extends to the modernization of loan pricing and scoring, which the GSEs' oversight agency has been accelerating.
Pennymac, UWM, loanDepot lag in RMBS issuance as Rocket grabs share
Agency activity dropped off by 4% in September while non-qualified mortgage issuance was down 18% in the third quarter versus the prior period, BTIG said.
Flagship Finance’s subsidiary raises $288 from a pool of used vehicles
The deal will sell the notes through five tranches of class A, B, C, D and E notes. Classes A and B have legal final maturity dates of Nov. 15, 2030 and July 15, 2032, respectively.
Hiring slows down significantly in September
The economy added just 29,000 jobs in September, far below economists expectations, though the unemployment rate remained steady, indicating softening in the labor market.
Advancion completes $50 million securitization of receivables
The company provides specialty ingredients and research and manufacturing services to several markets including biotechnology and pharmaceutical.
MOST Mortgage’s third reverse mortgage deal of 2026 raises $275.8 million
Mutual of Omaha Mortgage originated a pool with mostly adjustable rate mortgages, which account for 66.25% of the pool's aggregate unpaid principal balance.
Deutsche Bank plans risk trade tied to $2 billion in fund loans
While the majority of SRTs are used to offload credit risk on corporate lending, strong demand for the instruments is allowing banks to offer other forms of collateral.
Upstart Network raises $400 million from consumer loans
Upstart's grade E loans account for 47.1% of the collateral pool, compared with 43.3% in the UPST 2026-3, while the concentration of 60-month loans is also lower.
After its first ABS, Gordon Brothers adds Michael Sheridan to boost direct originations
Island CEF, a subsidiary of Gordon Brothers completed its first securitization in August, selling $265.5 million in bonds secured by equipment finance leases and loans payments.
Pagaya launches its first revolving facility for $700 million
The first variable funding note for Pagaya will contain newly originated consumer loans as they attain seasoning and await securitization.
Oakbrook Center, outside Chicago, to support $800 million in CMBS
The trust has a loan-to-value ratio of 56.2%, based on the rating agency's net cash flow (NCF) of the assets and a capitalization rate of 6.00%.
CROSS 2026-NQM11 raises $735.3 million in RMBS
Self-employed borrowers account for 40.9% of the pool, but they are high earners and the pool has moderate leverage.
Moody’s: CLOs have prepped for worsening credit quality
Liability management exercises are driving defaults and complicating recoveries in collateralized loan obligation pools.
By
John Hintze
PowerPay’s latest consumer loans pool leans heavily to home improvement
Raising $350.2 million in notes, the transaction has borrowers with higher credit quality, though the notes have less excess spread.
Abacus Global sells $400 million in life-insurance backed bonds
Proceeds will allow Abacus to originate more policies and fund general corporate operations. The transaction is also part of Abacus' shift toward recurring, fee-related revenue.
Load More
Couldn’t load more articles. Try again.