Two Wall Street firms and a single-family rental investor have purchased portions of the government-sponsored enterprise's latest nonperforming loan package.
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The drop over the 30-day period was in line with a large number of plan expiration dates, and occurred despite the extension of an initial filing deadline for government loans.
October 15 -
Collateralized loan obligations may have to wait until 2022, because the market is seeking price discovery -- but has little incentive to jump first.
October 14 -
Not even Dunkin' is immune to the labor shortage perplexing the restaurant sector, even though its business model relies heavily on drive-up locations and takeout dining.
October 14 -
Following the federal moratorium’s end, the number jumped, marking the highest quarterly growth on record, according to Attom Data Solutions.
October 14 -
FFELP, Stafford consolidation loans comprise the bulk of the collateral in the transaction.
October 13
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The San Francisco bank reported a 26% increase in its third-quarter earnings, thanks to robust single-family, multifamily and commercial real estate loan activity in New York, Boston and its home city.
October 13 -
Increased purchase activity countered a slowdown in refinance applications, which were impacted by rising rates.
October 13 -
Two Wall Street firms and a single-family rental investor have purchased portions of the government-sponsored enterprise's latest nonperforming loan package.
October 12 -
Chapter 7 and Chapter 13 make up about 48% and 31% of the borrowers in the pool, respectively, while non-bankruptcy borrowers make up 21% of the pool.
October 12 -
The $146 million deal could indicate that volume in the asset class has gotten large enough to support programmatic activity in the pricey housing market.
October 12 -
Banks, credit card issuers and debt collectors all supported the Consumer Financial Protection Bureau’s revised regulations. But they face a steep learning curve in complying with the rules, which take effect Nov. 30.
October 11 -
The entire pool is comprised of fixed-rate, fully amortizing mortgages, with an average balance of $901,373. They are also first-lien loans.
October 8
















