The GCAT 2022-INV3 trust will repay issued notes and provide credit enhancement through a senior-subordinate, shifting interest repayment structure.

Some 853 residential mortgages comprise the underlying collateral pool, and they have relatively low original loan-to-value (LTV) ratios, of about 67.7%.

Corporations are navigating shifting geopolitics, and M&A bankers are advising them as they consider selling off faraway units and focusing more on assets closer to home or in friendlier countries.

Eleven of the underlying mortgages are portfolio loans, and others are split loans governed by co-lender agreements, KBRA said, amounting to 38.6% of the pool.

Insurers and Uncle Sam are having trouble footing bills for mounting climate-related risks, particularly in regions prone to hurricanes and wildfires.

The move is the latest development in the ongoing political clash over how involved banks should be in crypto markets. 

Agricultural equipment has a reliable performance track record. The asset class' background, however, appears to be at odds with the it concentration risks.

A new bipartisan senate caucus organized around community development financial institutions is just the latest sign that the sector's political influence is reaching new heights. 

Despite some moderation in overall supply prices, concrete products are running consistently higher.

Notes have junior note subordination as initial hard credit enhancement, a non-declining reserve account, yield supplement overcollateralization and excess spread.

The House passed the legislative package, which includes an excise tax on stock buybacks, in a 220-207 vote.

Recent reports highlight the question of how much wage growth can do to sustain loan performance as pandemic relief gets rolled back, consumer costs rise and the housing market cools.