In this week’s PeerIQ Industry Update they cover the continued growth in the jobs market with the unemployment rate dropping below 4 percent; a recent Bloomberg article brought to light the fear that rating agencies are providing lower loss estimates on MPL ABS deals to garner to most business, this is worth keeping an eye on; they go through the recent technology updates from Morgan Stanley and Goldman Sachs; they also do a deep dive on Morgan Stanley’s resecuritizing a portion of the residual tranche of SCLP 2015-1 (SoFi’s first consumer loan ABS). Source.
