Moody’s and DBRS gave senior notes higher grades than in prior deals. A major catalyst was a fatter cushion against losses.
More From Asset Securitization Report
The $3 trillion AI data center build-out becomes all-consuming for debt markets
Across US CMBS and ABS, JPMorgan projects annual data center securitization issuance could reach $30 billion to $40 billion in both 2026 and 2027.
Private-label RMBS set for biggest year since crisis
A rise in issuance of nonqualified mortgages and seconds is in the forecast but home prices, credit and the GSEs may impact private-label bonds' trajectory.
The top-performing 20 public banks with under $2B of assets
Community banks that could reel in cheap deposits while keeping a lid on expenses were able to outperform peers in 2024.
SoFi Bank’s pool of unsecured consumer loans supports $697.6 million
While SoFi uses a third-party servicer for both of those product types, it services its entire consumer loan portfolio.
A non-alarmist guide to the risks in commercial real estate
Prophecies about a wave of bank failures caused by sickly CRE loans haven't yet come true. But there are still plenty of caution signs in a saga that will take years to play out.