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Introducing the Auto ABS Performance Tracker for Australian Transactions
The Australian Securitisation Forum has released an Auto ABS (asset-backed securities) Performance Tracker designed specifically for Australian transactions. Developed by Moody’s, the tracker leverages data analysis to provide insight into the credit performance of ABS in the Australian market where the collateral is passenger and light commercial vehicles.
Introducing the Auto ABS Performance Tracker for Australian Transactions
The Australian Securitisation Forum has released an Auto ABS (asset-backed securities) Performance Tracker designed specifically for Australian transactions. Developed by Moody’s, the tracker leverages data analysis to provide insight into the credit performance of ABS in the Australian market where the collateral is passenger and light commercial vehicles.
Moody's European CLO Conference 2024
Our inaugural European CLO Conference took place on 1 February 2024, in London, bringing together over 100 industry professionals. Arrangers, collateral managers, and investors gathered for an afternoon of insightful market-focused panels.
Moody's European CLO Conference 2024
Our inaugural European CLO Conference took place on 1 February 2024, in London, bringing together over 100 industry professionals. Arrangers, collateral managers, and investors gathered for an afternoon of insightful market-focused panels.
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WeWork CMBS Exposure Update
Given WeWork’s recent financial challenges, we revisited the company’s exposure to current and prior CMBS deals. Since 2013, WeWork has been included as a loan in CMBS deals. Its exposure as a tenant in CMBS deals increased through 2019, then decreased until 2021 which had exposure to WeWork through the $505M SASB deal VASA 2021-VASA.
WeWork CMBS Exposure Update
Given WeWork’s recent financial challenges, we revisited the company’s exposure to current and prior CMBS deals. Since 2013, WeWork has been included as a loan in CMBS deals. Its exposure as a tenant in CMBS deals increased through 2019, then decreased until 2021 which had exposure to WeWork through the $505M SASB deal VASA 2021-VASA.
Analysis of Tranche Maturity calculation methods for the Securitization External Rating Based Approach (SEC-ERBA)
The European Banking Authority (EBA) Guidelines detail the appropriate methods of determination of the regulatory capital pertaining to securitization outlined in the Basel Ill regulation. Among the requirements the setting of regulatory capital floors (RCFs) focuses on tackling systemic liquidity risks through a hierarchy of approaches.
Analysis of Tranche Maturity calculation methods for the Securitization External Rating Based Approach (SEC-ERBA)
The European Banking Authority (EBA) Guidelines detail the appropriate methods of determination of the regulatory capital pertaining to securitization outlined in the Basel Ill regulation. Among the requirements the setting of regulatory capital floors (RCFs) focuses on tackling systemic liquidity risks through a hierarchy of approaches.
Quarterly European RMBS/ABS Analysis – Q1 2023
This paper provides an overview of the average CPR and CDR in Europe on a quarterly basis for the past year for various ABS and RMBS asset types across seven European countries.
Quarterly European RMBS/ABS Analysis – Q1 2023
This paper provides an overview of the average CPR and CDR in Europe on a quarterly basis for the past year for various ABS and RMBS asset types across seven European countries.
Quarterly EURO CLO Loan Exposure Analysis – April 2023
This paper provides an overview of top current Industry, Country and Issuer exposures in European CLOs as of April 2023.
Quarterly EURO CLO Loan Exposure Analysis – April 2023
This paper provides an overview of top current Industry, Country and Issuer exposures in European CLOs as of April 2023.
Latest CMBS Performance and Implications for SASBs
In this write up, our CMBS experts discuss the latest trends and performance in the commercial real estate market with a focus on changes in single asset single borrower (SASB) transaction performance.
Latest CMBS Performance and Implications for SASBs
In this write up, our CMBS experts discuss the latest trends and performance in the commercial real estate market with a focus on changes in single asset single borrower (SASB) transaction performance.
Delinquencies Continue To Transition to Forbearance, But CMBS 2.0 Liquidations Are Up!
In this report, our CMBS experts discuss how delinquencies continue to transition to forbearance. However, CMBS 2.0 liquidations have also been increasing.
Delinquencies Continue To Transition to Forbearance, But CMBS 2.0 Liquidations Are Up!
In this report, our CMBS experts discuss how delinquencies continue to transition to forbearance. However, CMBS 2.0 liquidations have also been increasing.
Screening Environmental and Physical Risk in CMBS Utilizing RMS Hazard Data
Moody’s Analytics’ acquisition of RMS this past September expanded Moody’s insurance business and accelerated the development of Moody’s global integrated risk capabilities.
Screening Environmental and Physical Risk in CMBS Utilizing RMS Hazard Data
Moody’s Analytics’ acquisition of RMS this past September expanded Moody’s insurance business and accelerated the development of Moody’s global integrated risk capabilities.
How Might a 2022 Recession Affect CMBS Performance?
Given the increasing probability of a nearer term recession, this report studies the performance of loans originated in the years leading to the last recession and how they fared throughout. In practice, we translate the performance of 2004-2007 originated CMBS conduit loans into recession default vectors.
How Might a 2022 Recession Affect CMBS Performance?
Given the increasing probability of a nearer term recession, this report studies the performance of loans originated in the years leading to the last recession and how they fared throughout. In practice, we translate the performance of 2004-2007 originated CMBS conduit loans into recession default vectors.
January Remits – Omicron Appears to Freeze the Recovery in Delinquency and Forbearance
Moody's Analytics Darrell Wheeler and Brian Schoenfeld discuss the trends in the January CMBS remittance data.
January Remits – Omicron Appears to Freeze the Recovery in Delinquency and Forbearance
Moody's Analytics Darrell Wheeler and Brian Schoenfeld discuss the trends in the January CMBS remittance data.
Reading the 2021 CRE Tea Leaves to Predict 2022 Securitization Volume
Experts dig into 2021 CRE loan securitization data to analyze market evolution and examine what may happen in 2022.
Reading the 2021 CRE Tea Leaves to Predict 2022 Securitization Volume
Experts dig into 2021 CRE loan securitization data to analyze market evolution and examine what may happen in 2022.
Diamond Sports Group CLO Exposure
This report shows the exposure for Diamond Sports Group, a subsidiary of SinclairBroadcasting, across CLOs from the latest available monthly surveillance report as of December6, 2021.
Diamond Sports Group CLO Exposure
This report shows the exposure for Diamond Sports Group, a subsidiary of SinclairBroadcasting, across CLOs from the latest available monthly surveillance report as of December6, 2021.
Riverbed Technology CLO Exposure
This report shows the exposure for Riverbed Technology across CLO’s from the latest available monthly surveillance report as of November 22, 2021.
Riverbed Technology CLO Exposure
This report shows the exposure for Riverbed Technology across CLO’s from the latest available monthly surveillance report as of November 22, 2021.