Non-depository institutions originated an even greater share of all home loans compared to the year before, according to the Federal Financial Examination Council’s latest analysis of Home Mortgage Disclosure Act data.
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Depreciation risk in parts of New Jersey, Illinois and California is growing, according to a first quarter analysis by Attom Data Solutions.
June 22 -
Nissan Auto Lease Trust, 2022-A’s base residual value—as a percentage of securitization value—had increased to 72.3%, up from 71.6% on the previous deal.
June 22 -
Barretto will be responsible for building out MUFG’s ABS trading platform, with a specific focus on expanding the firm's esoteric business and market share.
June 21 -
Starwood Mortgage 2022-4, will issue certificates secured by fixed- and adjustable-rate mortgages, the latter pegged to the Secured Overnight Financing Rate.
June 21 -
The director of the Consumer Financial Protection Bureau said he plans to take a fresh look at the Qualified Mortgage rule, the CARD Act and other long-standing rules.
June 17
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A high concentration in multifamily properties, which have defaulted at much lower rates than other property types, is a positive consideration.
June 17 -
High hopes for 2022 crashed when Russia invaded the Ukraine, which left hundreds of aircraft stranded in Russia. But sector consolidation could lead to more deals.
June 17 -
Non-depository institutions originated an even greater share of all home loans compared to the year before, according to the Federal Financial Examination Council’s latest analysis of Home Mortgage Disclosure Act data.
June 17 -
Most banks’ interest income will rise following the Fed policy shift. But the rate increase also boosts the likelihood of a recession that could hurt borrowers and drive up loan losses.
June 16 -
The latest Federal Reserve move to combat inflation led to a weekly increase of more than 50 basis points.
June 16 -
The Verus Securitization 2022-6 transaction has a high concentration of loans, 47.7% that were underwritten using alternative documentation.
June 16 -
Lumber prices have wavered, but gypsum, steel and transportation were still on the rise in the past month, according to a National Association of Home Builders analysis.
June 15