The WA original term is about 68 months for all three pools. That is shorter than the term on the previous series, but within the range of terms on recent deals.
-
A growing supply of unsold inventory applied downward pressure on prices, offering home buyers some relief, the Mortgage Bankers Association said.
May 15
-
Federal Reserve Gov. Michael Barr said tariffs could have an outsize impact on small businesses and hardships could outlive the trade policy debate.
May 15
-
Tariff impact on distressed companies could fuel LME increase
May 15
-
SLAM has debt service coverage ratio (DSCR) triggers and a utilization test in the structure to help maintain cashflow and support credit in the notes.
May 14
-
The closely watched case centers on bank allegations the government corporation promised certain reverse-mortgage assets in return for funding then reneged.
May 14
-
A range of investment residential properties, including single-family homes, condominiums and multi-unit properties, will secure the debt.
May 14
-
The average 30-year fixed-rate mortgage rose slightly to 6.86% last week, as economic volatility calmed following the Federal Reserve's recent inaction.
May 14
-
The Consumer Financial Protection Bureau has dismissed or withdrawn from more than 20 lawsuits as the Trump administration reverses the work done during the Biden era.
May 14
-
Guardian's contribution includes up to $400 million of seed capital that Janus Henderson will invest in securitized credit and active fixed-income product innovation.
May 13 -
The deal can be upsized to $2 billion, and the transaction will repay principal sequentially, growing non-declining enhancement as the notes amortize.
May 13
-
Price growth continued to trend toward the Federal Reserve's 2% target, but not enough to spur action from the central bank.
May 13
-
The dental and medical spa industries accounted for 60.1% and 26.0% of the deal's balance.
May 12
