The nation's largest bank is optimistic about its overall performance this year, but CEO Jamie Dimon still thinks there's a bigger chance of stagflation than markets are anticipating.
-
The Consumer Financial Protection Bureau has withdrawn guidance that allowed states to bring enforcement actions broadly under federal consumer protection laws.
May 19
-
COO Joseph Gormley weighed in on cuts at the securitization guarantor and efforts to improve the industry's efficiencies and the government's.
May 19
-
Zayo's second securitization overall has several cash-trap and sweep triggers, including a 50% cash trap period that keep cash flowing to the notes.
May 19
-
Firing 90% of the Consumer Financial Protection Bureau's staff and stripping it down to "the statutory studs" is lawful, an attorney for the CFPB told an appeals court.
May 16
-
The WA original term is about 68 months for all three pools. That is shorter than the term on the previous series, but within the range of terms on recent deals.
May 16
-
SunStrong Issuer also includes a sequential amortization trigger. Should the cumulative default level exceed the applicable trigger level.
May 15
-
A growing supply of unsold inventory applied downward pressure on prices, offering home buyers some relief, the Mortgage Bankers Association said.
May 15
-
Federal Reserve Gov. Michael Barr said tariffs could have an outsize impact on small businesses and hardships could outlive the trade policy debate.
May 15
-
Tariff impact on distressed companies could fuel LME increase
May 15
-
SLAM has debt service coverage ratio (DSCR) triggers and a utilization test in the structure to help maintain cashflow and support credit in the notes.
May 14
-
The closely watched case centers on bank allegations the government corporation promised certain reverse-mortgage assets in return for funding then reneged.
May 14
-
A range of investment residential properties, including single-family homes, condominiums and multi-unit properties, will secure the debt.
May 14
