The company claims its digital registry system is a faster, safer alternative to MERS databases
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Banking executives and analysts worry that the Federal Reserve's aggressive plan to raise interest rates will be insufficient to tame inflation and overcome economic fallout from the war in Ukraine.
March 21 -
CLOs technically fall under the new disclosures and prohibitions for private-fund umbrella, but do not appear to be the proposed rule’s intended target.
March 21 -
The move away from the scandal-plagued London interbank offered rate is going smoothly, according to a new survey of lenders and corporate borrowers. But many customers still face operational challenges ahead of a mid-2023 deadline for switching older loans.
March 20 -
Private-market loans nudged the total number up during a processing lull, according to Black Knight.
March 18 -
When the U.S. announced sanctions against Russia two weeks ago, many feared U.S. banks would bear the brunt of a payback cyberattack. Experts disagree on why that hasn't happened and whether the danger has passed.
March 18
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The initial principal balance could be $1.3 billion or $1.6 billion, and the pool has other characteristics that raise caution compared with the 2022-1 deal.
March 18 -
Oportun provides financing to borrowers with a lack of an established credit history or who are underserved by traditional, mainstream financial institutions.
March 17 -
The company claims its digital registry system is a faster, safer alternative to MERS databases
March 17 -
Reporting to Tricia Hazelwood, who is head of international head of securitized products, Badrakhan will head up MUFG’s U.S. esoteric ABS business.
March 17 -
All five of the Biden administration's nominees received enough votes to secure passage to the Senate floor. Chair Sherrod Brown of Ohio called the moment "historic."
March 16 -
During his March Federal Open Market Committee meeting press conference, acting Federal Reserve Chair Jerome Powell said the Fed's supervision and regulatory panel was no longer active and key decisions about stress tests and bank mergers were being handled by the full board.
March 16 -
Company management believes it can still be successful in the securitization market despite widening spreads.
March 16