Declining refinance activity offset the growth in government-backed purchases, the Mortgage Bankers Association said.
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The Federal Reserve chair said there is a consensus within the central bank's board of governors for reproposing its capital rules, but notes that other agencies have not yet signed off on this approach.
July 9 -
Incremental to a $1.8 billion global revolving credit facility completed in May, it could boost the company's lender-driven debt capital capacity to $9.7 billion in total.
July 9 -
This is Stream Innovations Inc.'s inaugural 144a securitization, which has ratings of A-, BBB- and BB- to the A, B and C notes, partially based on respective credit enhancement levels of 20.50%, 14.45% and 8.50% respectively.
July 8 -
Electronification of trading could fundamentally alter loan and CLO markets.
July 8 -
The Carlyle US CLO 2022-4 transaction closed originally on September 1, 2022.
July 5
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Compared with transactions from other issuers with similar collateral characteristics, the underlying pool has a relatively higher weighted average FICO score, Moody's Ratings says.
July 5 -
The central bank also noted that the banking system is sound but faces several challenges. The report precedes Federal Reserve Chair Jerome Powell's upcoming appearances on Capitol Hill.
July 5 -
The Federal Reserve's struggle in bringing inflation down from its current level to its 2% target may come down to how the government measures shelter costs in the U.S., leading some experts to question whether the problem is in the economy or in how it is measured.
July 4 -
The loan portfolio has international diversification across industries.
July 3 -
Fitch Ratings views home price values in the non-prime mortgage pool as being 11.3% above a long-term sustainable level.
July 3 -
Securitizations face fewer complications under the Corporate Transparency Act (CTA) but missed filings can incur stiff penalties.
July 3 -
High quality consumer loans enhance the collateral pool.
July 2