US Securitization

So strong is investor appetite that the issuer pulled together an extra deal to make it 17 for the year

Missouri-headquartered company tightened top tranche but market slows

Citi leads what is likely to be the new issue of what has been a banner year for US ABS

US bank seeks $373m deal after a busy Friday for US RMBS including A&D's sixth deal of the year

This is Affirm's largest private placement to date

Small number of investors showing resistance to tightening are not enough to reverse market course

Sandwich chain offers less 'juice' on $750m transaction than rival Subway's last deal back in September

Deal is expected to price early next week as there are at least four live non-QM trades in primary

CMBS has bounced back after shaking off the stigma of office exposure, among other negative headlines, taking advantage of a more stable rates environment to post impressive returns and issuance volumes. There is confidence that an even stronger 2025 is in store, writes Nick Conforti

High mortgage rates were no obstacle to the US RMBS market in 2024 as alternative asset classes came to the fore and credit quality stayed robust. Although the unpredictable outlook for rates remains a market concern, there is every reason to expect the positive trends will continue in 2025, writes Nick Conforti

Sandwich chain joins host of ABS issuers

Demand remains plentiful even bankers say some investors are showing resistance to levels