This year’s stress-test results show large banks have more than enough capital to deal with a major economic crisis, but their capital requirements will likely go up anyway. That has some observers and industry officials concerned credit will tighten even as the economy teeters on the edge of recession.

The Consumer Financial Protection Bureau’s unified agenda was quietly released this week, and it shows that rules on consumer access to financial records and small-business data collection are top priorities. 

Upstart does not maintain exposure to loans’ credit risk to the same extent as other ABS, making underperformance more likely to negatively influence confidence.

Pushes for transparency on charitable donations and ghost guns, among others, were voted down.

Observers did not raise alarms about SLABS’ immediate or near-term performance, but the notes’ underlying loans are expected to stay resilient.

Industry leaders suggested they’ve "never felt so worried at a time when everything feels so good otherwise," said Chris Herbert, managing director of the Joint Center for Housing Studies of Harvard University.

Recent remarks from Federal Reserve Chair Powell suggest more upward movement is ahead.

As Revlon files Ch. 11, powered by a proposed $575 million debtor-in-possession facility, experts raise flags on the potential erosion of its outstanding CLOs.

Following the third most active season on record, the 2022 forecast predicts La Niña will drive increased Atlantic storm development.

Depreciation risk in parts of New Jersey, Illinois and California is growing, according to a first quarter analysis by Attom Data Solutions.

Nissan Auto Lease Trust, 2022-A’s base residual value—as a percentage of securitization value—had increased to 72.3%, up from 71.6% on the previous deal.

Barretto will be responsible for building out MUFG’s ABS trading platform, with a specific focus on expanding the firm's esoteric business and market share.