The collateral pool includes loans from about four of Change's lending programs, such as the Alt-Doc, usually made to self-employed borrowers.

At the same time, the share of overall vacancies fell due to limited inventory, according to a new Attom report.

Their activity was below the record share hit at the start of 2022, and down from the high water mark of 93,700 properties bought in the third quarter last year.

As regulators mull the Toronto bank's deal for First Horizon and broader guidelines around bank combinations, community groups called for stronger investment commitments from the two banks before they are allowed to merge. 

The GCAT 2022-INV3 trust will repay issued notes and provide credit enhancement through a senior-subordinate, shifting interest repayment structure.

Some 853 residential mortgages comprise the underlying collateral pool, and they have relatively low original loan-to-value (LTV) ratios, of about 67.7%.

Corporations are navigating shifting geopolitics, and M&A bankers are advising them as they consider selling off faraway units and focusing more on assets closer to home or in friendlier countries.

Eleven of the underlying mortgages are portfolio loans, and others are split loans governed by co-lender agreements, KBRA said, amounting to 38.6% of the pool.

Insurers and Uncle Sam are having trouble footing bills for mounting climate-related risks, particularly in regions prone to hurricanes and wildfires.

The move is the latest development in the ongoing political clash over how involved banks should be in crypto markets. 

Agricultural equipment has a reliable performance track record. The asset class' background, however, appears to be at odds with the it concentration risks.

A new bipartisan senate caucus organized around community development financial institutions is just the latest sign that the sector's political influence is reaching new heights.