Fitch is including environmental, social and governance relevance scores as part of its ratings of securitized products. The scores help assess sustainability and ethics though they aren’t a major factor in credit ratings.

The online marketplace’s new platform for institutional investors to purchase unsecured consumer loans is aimed at increasing liquidity.

Presidential candidate Elizabeth Warren has flagged concerns about the issuer-pays model used by credit rating agencies for securitized products. She said the SEC hasn’t done enough to address the conflicts of interest tied to the model.

The San Francisco-based lender is prepping a $200 million ABS stocked with home-equity lines of credit originated using blockchain technology.

Low interest rates, along with better alignment of incentives between issuers and investors, are helping boost demand for securitized assets.

Market participants are finding it difficult to move away from LIBOR in the absence of an alternative rate and because of document-related issues.

For the third straight year, in 2018, marketplace lenders held the top spot in the unsecured personal lending space. Meanwhile the share of banks dropped to 28%.

Most of the industry's pullback in ABS holding resulted from portfolio trimming by the three largest bank investors. Total ABS outstanding rose sharply in the second quarter.

A whole business securitization from TGI Friday’s was downgraded by Kroll Bond Rating Agency. Meanwhile, two such deals hit the market.

If the U.S. economy enters a recession, MBS and ABS are expected to perform relatively well, according to S&P. Subprime auto ABS, certain commercial MBS and CLOs are most at risk for downgrades.