Company management believes it can still be successful in the securitization market despite widening spreads.
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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 -
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
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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press conference, acting Federal Reserve Chair Jerome Powell said the Fed's supervision and regulatory panel was no longer active and key decisions about stress tests and bank mergers were being handled by the full board.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 -
A majority of the loans, 63.5%, were designated as non-QM loans, and about 36.5% of the loans in the pool are made to investors for business purposes.
March 16 -
The term note maturity is also relatively short, and has a scheduled amortization term, which KBRA considers to be a credit strength.
March 15 -
Despite relatively stable performances for the majority of the pool since the previous rating action, concerns remain about the pool’s high exposure to the two loans.
March 14 -
Executives speak on the uncertainty created by the Russia-Ukraine war and Federal Reserve announcements.
March 14











