Rising leverage levels and prevalence of cov-lite loans raise concerns despite ongoing macroeconomic growth signs.
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Loans made for Fiat Chrysler represented the largest chunk of Santander Consumer's lending in the fourth quarter, and Mahesh Aditya said their relationship is his top priority.
January 29 -
Clarion Partners will tap the CMBS market to help finance a multiyear renovation of older Courtyard by Marriott-branded hotel properties it co-owns through a joint venture.
January 28 -
Historically low interest rates, low unemployment and positive yet slowing economic growth will support stable U.S. structured finance asset performance in 2020.
January 28 -
The six bills championed by Democrats aim to reduce consumer burdens and provide opportunities for borrowers to rehabilitate their credit, but the legislation has garnered no Republican support.
January 28 -
To guard against headwinds in the agricultural sector, the Federal Deposit Insurance Corp. recommended that institutions consider the “overall financial status” of farm loan borrowers.
January 28
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Flasgstar Bancorp's mixed results in its fourth-quarter earnings report are a sign strategic shifts it made to make its earnings less volatile are working.
January 28 -
Eagle Re 2020-1 is backed by the performance of a reference pool of 156,065 loans with an outstanding balance of $40 billion.
January 27 -
The loan participation is part of a debt refinancing package that paves the way for expanding the Parkmerced mega-development.
January 27 -
FICO plans to release a new suite of scores that could reduce defaults on newly originated mortgages by 17%, but home lenders may not use it unless the government-sponsored enterprises do.
January 27 -
In the past, the agency cited the legal term in enforcement actions without stating what it meant, but Director Kathy Kraninger has sought to give the industry clearer guidance.
January 24 -
Democratic lawmakers, state attorneys general and others filed briefs with the Supreme Court rebutting claims that the agency’s leadership structure is unconstitutional.
January 24 -
FAT Brands is proposing a whole-business securitization to ABS investors that will help its reduce its net leverage and boost its debt-service coverage ratio.
January 24