CSMC 2022-ATH3 has a higher concentration of loans extended to borrowers who are considered foreign nationals, about 25.5%, higher than typical non-prime deals.
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In terms of credit, the underlying secured loans have an indicative weighted average recovery rate of 76.1%, according to Fitch.
August 24 -
The state's disclosure laws generated data that indicated millions of consumers had their personal details potentially compromised.
August 24 -
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.
August 23 -
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.
August 23 -
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.
August 23
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Some housing numbers have been weaker than expected because affordability remains relatively low, outweighing slightly higher refinancing that has an upside for lenders but a potential downside for servicers.
August 22 -
Activity is coming in at or below 2020 levels according to reports from the Mortgage Bankers Association and Redfin.
August 22 -
CSMC 2022-ATH3 has a higher concentration of loans extended to borrowers who are considered foreign nationals, about 25.5%, higher than typical non-prime deals.
August 22 -
Expect performance deterioration in student loan ABS, rebounding from low delinquency and default levels of 2020 and 2021 during the peak of the coronavirus pandemic.
August 22 -
The $369 billion directed toward climate preparedness in the Inflation Reduction Act is expected to reverberate through the economy for years to come and could supercharge private investment in the nation's clean energy sector.
August 21 -
The collateral pool includes loans from about four of Change's lending programs, such as the Alt-Doc, usually made to self-employed borrowers.
August 19 -
At the same time, the share of overall vacancies fell due to limited inventory, according to a new Attom report.
August 19