Vehicle-financing securitizations continued to dominate ABS issuance in the second quarter, although volume fell 9% from the first three months of the year. Business ABS issuance almost made up the difference. (Includes three data tables.)

The decrease in the value of used vehicles poses a particular risk for ABS investors, rating services warn.

Growth in the AI and cloud computing space could push some share of data-center financing outside of MBS and ABS.

KBRA has downgraded six tranches from LendingPoint ABS issued between 2021 and 2022.

Rithm will restate financials going back to 2021; commercial lending executives expect MBS issuance to remain strong; new wildfire risk mitigation recovery bond.

The new platform uses blockchain to make it easier to verify fixed-income assets and to decrease trading timelines.

Arbor Realty Trust affirms accounting, business practices; Fannie offers new CRT tranche; two ABS issuers under pressure.

Four rated deals have been issued in recent months. Morningstar established rating criteria for HEI securitizations late last year.

The new ratings methodology would bring ratings for private student loan ABS in line with ratings for other consumer-backed ABS.

S&P lost a little market share in rating newly issued ABS but remained the top provider in the first quarter. Fitch had a similar experience in the non-agency MBS market. (Includes two data tables.)