The Minneapolis company, which increased its minimum wage to $18 an hour in June, will bump it up to $20 in response to inflationary and competitive pressures.

Auto loan growth eased substantially in the second quarter amid competitive pressures from credit unions and other lenders.

The amounts canceled may not clear away enough debt to help all recipients immediately qualify or improve their ability to repay, but over time the savings may bolster originations and performance.

The agency issued an interpretive rule earlier this month that said digital marketers must comply with federal consumer financial protection law. Banks will need to double down on compliance when engaging with these companies.

The underlying collateral's interest rate has raised the transaction's expected annual gross excess spread, at 4.01%, compared with 3.80% on the CRVNA 2022-P2.

Better-than-expected economic data helped lead to the steep acceleration of the 30-year average, while the 15-year also shot up.

The number of these mortgage borrowers getting back on track with payments has been roughly halved since March, according to Black Knight's initial take on July numbers.

In terms of credit, the underlying secured loans have an indicative weighted average recovery rate of 76.1%, according to Fitch.

The state's disclosure laws generated data that indicated millions of consumers had their personal details potentially compromised.

Updated counterparty requirements recently coordinated with the Federal Housing Finance Agency affect a constituency that has kept growing, albeit at a slightly slower pace, according to new mortgage-backed securities research.

Proceeds will reimburse the public service company for certain costs incurred after a major winter storm swept through much of the state in February 2021.

Ali Ben Lmadani, ABL Aviation's founder and CEO, expects to see the values of mid-life aircraft fall from highs seen in 2017, when future values were booked too high.