Changed borrower psychology and the severe housing inventory shortage dropped lending activity across the board, according to Black Knight.
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Daimler AG’s subsidiary Mercendes-Benz Financial Services USA originated the closed-end vehicle leases.
June 17 -
Radnor Re will pay interest on the notes out of proceeds on coverage premiums on private mortgage insurance contracts for residential mortgage loans.
June 16 -
Federal Reserve Chairman Jerome Powell said the market dislocations of the past year resulting from the pandemic had changed the impact that the supplementary leverage ratio was having on the largest banks. After temporarily easing the requirement, the central bank is considering longer-term reforms.
June 16 -
A spike in government-sponsored applications helped lead indexes to their largest gains in several weeks.
June 16 -
Two lodging property loans in Alabama and South Carolina were taken out prior to COVID-19, and the loan on the Alabama property had been granted forbearance.
June 16
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Executives at Citizens Financial and Regions Financial said they plan to make policy changes that will reduce their reliance on the controversial but already dwindling charges.
June 15 -
Air New Zealand and Delta Air Lines lead the list of large and small airline lessees whose contracts underpin the deal, which have contracts on 18 aircraft.
June 15 -
Changed borrower psychology and the severe housing inventory shortage dropped lending activity across the board, according to Black Knight.
June 14 -
Pre-permission to operate (PTO) loans will comprise 10 percent of the Mosaic 2021-2’s underlying collateral, a dramatic increase from the Mosaic 2021-1 deal.
June 14 -
More than 97% of venture backing goes go white-owned startups. Firms like Mendoza Ventures, Chingona Ventures and MaC Venture Capital are stepping in to support underserved entrepreneurs.
June 14 -
Fears of widespread credit losses have largely subsided, but demand for new commercial real estate loans remains lackluster because many companies are sitting on so much cash they don’t need to borrow. Meanwhile, competition from private equity groups and other nonbank lenders is escalating.
June 14 -
A portfolio of mixed-quality mortgage loans secures the deal, some of which adhere to ATR underwriting mandates from the CFPB.
June 11