The $533 million Transportation Equipment Trust (TFET) 2019-1 is the first-ever transport finance business securitization serviced and sponsored by BMO Harris' commercial bank, which picked up the business from GE Capital in 2015.

The portfolio consists entirely of narrowbody, single-aisle jets, and has an initial value of approximately $601.9 million.

Arivo Acceptance, a two-year-old specialty-finance auto lender, is launching its debut securitization of subprime and non-prime loans for new and used cars, trucks and SUVs.

Freddie Mac's test of artificial intelligence to make lending decisions could be a significant turning point in broadening the use of the technology.

About 10% of the collateral pool consists of prime loans with extended term loans of 78 months excluded from World Omni's prime securitization platform.

The deal marks the second securitization of large-sized mortgages originated for high-net-worth borrowers, and acquired by AIG.

The commercial mortgage-backed securities sector will weather the fourth quarter's slowing but steady growth in the U.S. economy, as better loan performance counters a continued decline in volume, Morningstar said.

Jelena McWilliams told community bankers that policymakers should be a resource for banks trying to adopt new technology.

By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.

Carlyle Aviation Management is issuing a $540M pool secured by the leases and asset values of 29 mid- to end-of-life aircraft.

Freddie Mac is increasing the number of companies offering merged reports from the credit bureaus through integrations with its Loan Product Advisor automated underwriting system.

The move to alter the government's preferred stock purchase agreements is the first major one under FHFA Director Mark Calabria's tenure to wind down the conservatorship of the government-sponsored enterprises.