Most of the companies announcing cuts declined to disclose how many workers they terminated, although publicly traded giants revealed their moves would save them tens of millions of dollars this year.

Kroll Bond Rating Agency expects to divide the pool into two distinct groupings for ratings purposes, RMBS and CMBS. The RMBS pool is slightly larger.

Mosaic 2022-2 will not include a pre-funding period, and the transaction's collateral pool will be static, and not include a capitalized interest account.

The changes, which appear to be separate from a controversial nonbank proposal that's pending, will reduce red tape for credit unions and housing finance agencies and clarify a calculation for loans eligible for repurchase.

The Consumer Financial Protection Bureau's review of credit card late fees has ignited pushback from industry that supports an expected 9% jump in fees next year pegged to inflation. 

The Federal Reserve released its large bank requirements for 2023 based on the results from this year's stress test. Most of the banks tested will need to maintain or increase their tier one capital holdings.

The solar industry has made significant strides, and the related ABS market should continue under its own momentum, providing investors with attractive returns.

The Consumer Financial Protection Bureau is investigating some of the bank's credit card practices, including refunds, billing errors and credit bureau reporting, according to a securities filing Thursday.

The collateral pool consists of publishing and recording rights on a 950-song catalog from artists such as Justin Timberlake and Nelly Furtado.

Net cash flow had decreased to $144.1 million in 2020, before recovering to $181.3 million in 2021 and $195.9 million for the trailing twelve-month period that ended in May.

Refinances inched up 2% as interest rates dipped, but accounted for only 31% of activity, compared to two-thirds a year ago.