The public and large institution segment make up 89.7% of obligors, up from the 87.7% seen in DEFT 2025-2, an increase that was driven largely by an increase in the large enterprise institution segment.

American Banker data found that those who upped artificial intelligence spending by more than 25% in the last year saw major improvements in employee output.

A new Basel III proposal offers mixed results for warehouse lending, with some risk-weight relief for banks but tougher terms that could crimp credit availability for nonbank mortgage lenders.

The proceeds from PAID 2026-R2 will fund a purchase account, which will purchase unsecured consumer loans from PAID 2024-2 and 2024-3.

Washington State charged Newrez after a consumer investigation, with the notice following recent enforcement action against Luminate Home Loans.

The public and large institution segment make up 89.7% of obligors, up from the 87.7% seen in DEFT 2025-2, an increase that was driven largely by an increase in the large enterprise institution segment.

American Banker data found that those who upped artificial intelligence spending by more than 25% in the last year saw major improvements in employee output.

A new Basel III proposal offers mixed results for warehouse lending, with some risk-weight relief for banks but tougher terms that could crimp credit availability for nonbank mortgage lenders.

The proceeds from PAID 2026-R2 will fund a purchase account, which will purchase unsecured consumer loans from PAID 2024-2 and 2024-3.

Washington State charged Newrez after a consumer investigation, with the notice following recent enforcement action against Luminate Home Loans.

The 30-year fixed rate climbed to 6.46% this week, its highest mark since September, as mortgage applications fell 10.4% and sellers outnumber buyers by a record 46%.

Banks have a lot to celebrate in the operational risk framework, but advocates warn it cuts capital too far.