This is PowerPay's second 144A transaction, which has a 90-day prefunded period, initially funded with $132.9 million in ...
The A1 tranche contains the bulk of the outstanding notes, $251.4 million, and is divided into the 1A and 1B sub-tranches, ...
If the average one-month conditional prepayment rate (CPR) over a six-month period is equal to or greater than 25%, then ...
The NRMLA/Riskspan Reverse Mortgage Market Index set a new high of 502.42, with the dollar amount of home equity for those 62 ...
Other studies have found fewer credit pulls could be viable, but this shows millions more would be adversely impacted than in ...
PFAST 2025-1 will have to navigate a market where the underlying consumers are facing increased challenges from ...
The North Carolina bank is the latest lender impacted by the bankruptcy of U.S. auto parts maker First Brands. First Citizens ...
Bank of America has a playbook for government shutdowns, which includes providing fee and payment waivers as well as loan ...
Overall, new 60-day-plus delinquencies totaled $2 billion, up from $1.69 billion in August, while maturity defaults accounted ...
Enpal and M&G's move comes at a complex moment for securitizations backed by energy infrastructure and home efficiency ...
Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's ...
The Buffalo-based bank said Thursday that the paring of its CRE loan book, which has nearly halved in volume over the last ...