The securitization from the Boston-based fintech was "significantly oversubscribed," according to the company.

Household borrowing from mortgages and other loans hit a record, outpacing inflation, a study shows.

Fitch Ratings views home price values in the non-prime mortgage pool as being 11.1% above a long-term sustainable level.

Banking experts are divided on how regulators will reshape the capital overhaul and if reported revisions being floated by regulators will meet the banking industry's demands.

The trust's sixth issue of the year is backed by higher-income borrowers.

The collateral is a single loan secured by first-priority mortgages in a pool of 2,070 single-family homes.

The high court's much-anticipated ruling gives federal courts — rather than executive agencies — the power to interpret ambiguous statutes. The decision is expected to facilitate an increase in litigation over banking regulations.

Stubborn inflation is expected to work its way down, but combined with higher-for-longer interest rates, consumers are feeling the effects differently across the credit spectrum.

The deal benefits from excess spread, overcollateralization, and senior/subordinate enhancements.

The plan from the Heritage Foundation, a group the first Trump administration was largely in line with, would shutter CFPB, break up HUD and raise FHA premiums.

KBRA says there is notable borrower equity in the properties collateralizing the mortgages, which is reflected in the weighted average original loan-to-value ratio of 71.7%.

But economists seem to differ on what the latest movement in mortgage rates means for the summer home sales business.