US Securitization

Triple-B rated deal pricing converges on corporate index

Deals at the double as mall-backed issuance creeps up

Investors likely asked to stomach tighter spreads for more disclosure, banker says

Ratings agency Fitch on Wednesday evening announced final changes to its US residential mortgage-backed securities ratings criteria after a market consultation process. It follows other agencies like S&P and Moody’s which also modified their methodology earlier this year.

Sponsors also inject $35m of equity

Servicer access to Texas HQ will continue assessment of ABS deal collateral

LLMs can process unstructured data like no technology before and SMEs can benefit

Transaction is expected to close this week

First development bank securitization to include senior triple-A notes

Subprime lender had 19% of warehoused loans in arrears

Debut issues, esoteric collateral and full cap stacks are dominating

UBS headquarters among deals in enthusiastic SASB market