Securitization

Mortgage investor JER files for bankruptcy, is latest property firm to crash

December 29, 2023 · Banking

JER Investors Trust Inc., a mortgage REIT, filed for bankruptcy in the latest sign of distress in commercial real estate. The real estate investment trust — which counts…

Tesla hits ABS market in first sale since blue-chip upgrade

July 15, 2023 · Banking

Tesla is returning to the US asset-backed securities market for the first time in over a year, with a $1 billion prime auto-lease transaction, a sign of how…