ABS

Highlights

• 25 May 2022
  • Passenger airlines, aircraft lessors and aircraft ABS - Global: Heard from the Market: Commercial aviation conferences, Dublin 2022
    More than two years into the pandemic, market participants said recovering demand will continue to support airline lessees and their ability to service their lease payment obligations. Stronger airline lessees and strengthening aircraft values and lease rates will support aircraft lessors and ABS.   Full Report​​​​​​​
• 14 Apr 2022
  • Consumer ABS — US: Valid-when-made rulings cut rate-tied risk, especially for loans made solely by banks
    Recent judicial decisions upheld bank regulators’ “valid-when-made” rules, reinforcing the lawfulness of preserving the interest rate on loans that banks sell, narrowing risks for deals. However, some deals remain exposed to “true lender” suits alleging that a loan’s rate exceeds state limits.  Full Report​​​​​​​​
• 13 Apr 2022
  • Auto ABS - US: Strong collateral performance will weaken as auto prices normalize
    As vehicle production issues in the US start to ease this year, used vehicle prices will steadily decline from record highs, weakening the strong performance of ABS of auto leases and of loans.  Full Report​​​​​​​