Almost all the underlying loans, or 99.5% qualify as safe harbor qualified mortgage loans (SHQM) made to borrowers with very strong credit profiles.

Esther George, the president of the Federal Reserve Bank of Kansas City, is retiring later this month. What's taking the bank so long to find a successor?

The Arizona-based lender has been in business for 35 years and has branches in over 20 states.

The Consumer Financial Protection Bureau's outline for upcoming regulations reflects the efforts of Director Rohit Chopra to reduce credit card late fees and overdraft fees.

AESOP 2023-1 and 2023-2 will remove used vehicle concentration limits and net present value (NPV), and increase original equipment manufacturer (OEM) limits for Tesla.

The sector is not immune to the same economic instability that affects the single-family residential market, the Mortgage Bankers Association said.

Other investors could step into the breach as depositories depart, and the strain on nonconforming borrowers might not be that bad, recent forecasts suggest.

The receivables in the pool had a weighted average (WA) credit score of 623, an increase from 605 in the Westlake 2022-2.

GM Financial Consumer Automobile will finance loans on new and used automobile loans, and it references two potential pools for securitization.

The Consumer Financial Protection Bureau and the state attorney general claim Credit Acceptance Corp., an indirect auto lender, deceived thousands of borrowers by failing to disclose and include finance charges in calculating the cost of a car loan.

Higher interest rates helped drive down refinances by 87% and purchases by 42% compared to last year.

The year could be marked by volatility, induced in part by rising interest rates, but prime money market funds could still see a 0.08% rise in assets.