More From Asset Securitization Report
Portfolio managers expect spike in defaults, wider spreads
In the midst of increasing economic and geopolitical risks, portfolio managers expect global defaults and credit spreads to rise in the latest IAPCM survey.
B of A: Agency MBS issuances to decline by 16% in 2027
Persistently high mortgage rates will shrink securitization volume by dampening home sales and pushing more buyers toward all-cash purchases.
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.
Truist sees ABS sales Climbing 15% this year as spreads narrow
New U.S. ABS sales have surpassed $300 billion for a third straight year, with issuance already 11% higher than it was at this point in 2025. Spreads are the narrowest in more than four years.
Modest CPI reading gives Fed no clear direction on rates
The consumer price index rose 0.4% last month, in line with July's reading. For a monetary policy committee that has been split on inflation, the inconclusive report will compel the Fed to make a call on whether to raise interest rates or stay put.