Overall, new 60-day-plus delinquencies totaled $2 billion, up from $1.69 billion in August, while maturity defaults accounted for half, or 51% (1.05 billion) of new delinquencies.
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Enpal and M&G's move comes at a complex moment for securitizations backed by energy infrastructure and home efficiency equipment.
5h ago -
The lender, which reported over $200 million in home equity line of credit volume in the recent quarter, suggests the business can deliver massive scale.
9h ago -
Switch has a large national network of data center properties, with more than 700 patents and patents pending for designs and operations in the space.
October 20 -
Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.
October 20 -
Other studies have found fewer credit pulls could be viable, but this shows millions more would be adversely impacted than in a bi-merge.
October 20
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Enpal and M&G's move comes at a complex moment for securitizations backed by energy infrastructure and home efficiency equipment.
5h ago -
The lender, which reported over $200 million in home equity line of credit volume in the recent quarter, suggests the business can deliver massive scale.
9h ago -
Ford Credit Floorplan pays a fixed rate to ABS investors, while the dealers' assets pay a rate pegged to the flexible prime rate, so there is the potential of eroding excess spread.
October 17 -
The Buffalo-based bank said Thursday that the paring of its CRE loan book, which has nearly halved in volume over the last three years, may be near its inflection point.
October 16 -
AmWest originated the mortgages and services them, and all the loans included in the pool underwent third-party due diligence reviews by three active firms.
October 16 -
The head of the government-sponsored enterprises' oversight agency also asked existing investors to review risk factors as officials eye a new public offering.
October 15 -
Adam Piekarski, founder, leads initial senior members Kory Klebanoff and Urian Yap, partners, to commit $1.8 billion across the firm's investment strategies.
October 15