A federal judge ruled that the Trump administration's attempt last year to halt funding for the Consumer Financial Protection Bureau was unlawful and unconstitutional. Two other judges have issued similar decisions.

Liability management exercises are driving defaults and complicating recoveries in collateralized loan obligation pools.

Raising $350.2 million in notes, the transaction has borrowers with higher credit quality, though the notes have less excess spread.

Proceeds will allow Abacus to originate more policies and fund general corporate operations. The transaction is also part of Abacus' shift toward recurring, fee-related revenue.

Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.

Most of FIAOT 2026-2's assets, 69%, were originated through Stellantis' Captive Program, which allows small business owners to purchase commercial vehicles for personal or business use.

The private placement deal was a huge leap in value from its inaugural securitization in October 2024, when it raised $150 million.

The move solidifies the convergence of securitization, and the techniques that make the deals operate, with other financing solutions.

The share of American households considered "financially vulnerable" rose to 17%, the highest level since at least 2018, according to the nonprofit Financial Health Network.

Some current residential mortgages could face higher capital charges, prompting a shift into securitization portfolios.

The U.S. economy is expected to keep growing despite nagging inflation, according to the latest consensus report from the American Bankers Association's Economic Advisory Committee.

Non-qualified mortgages account for 23.1% of the series 2026-7 pool, by balance, and 43.4% of the loans in the pool were made to investors for business purposes and are exempt from the Ability-to-Repay rules.