The deal has a slightly higher weighted-average FICO and slightly lower exposure to longer-term loans than its predecessor but a slightly worse FICO tier distribution.
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While credit unions are being cautious with this lending line, some see opportunities to grow their commercial books amid setbacks at big-name banks such as Wells Fargo.
July 19 -
The notes are secured by the issuer's right to title and interest in over 9,000 outdoor advertising sites in a dozen markets.
July 18 -
Income from single-family rental properties, distributed across more than a dozen states and 34 areas, back the notes. The deal should close later this month.
July 18 -
The Federal Reserve vice chair for supervision said regulators will adapt supervisory practices to account for advancements in machine learning.
July 18 -
Prime quality U.S. vehicle leases back an issue comprising 91% class A notes.
July 17
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In a data breach at OpenAI, some ChatGPT users were able to see other users' financial data. In other cases, users have invoked their dead grandmothers to access information that should have been sealed off.
July 17 -
The deal has a slightly higher weighted-average FICO and slightly lower exposure to longer-term loans than its predecessor but a slightly worse FICO tier distribution.
July 17 -
Known for his personal style and his support of affordable housing, the former MBA president also earned an ignominious distinction as the face of the Financial Crisis.
July 17 -
CPS provides auto loans to U.S. consumers who have situational credit problems, but display an ability to pay their obligations, according to the company.
July 14 -
Rising balances and annual percentage rates alongside lower FICO scores mark used vehicle loan pool.
July 14 -
Experts and industry leaders said banks are pumping investment into technology that can connect information silos.
July 14 -
Delinquencies are balanced by low loan-to-value ratios, which could result in more favorable recoveries in the event of defaults.
July 13