But March's overall late payment rate was 1.3 percentage points higher than one year ago, while the 90-day-plus rate was 2.3 percentage points higher.
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Fitch says it will be weighing failures of management standards and practices at banks more heavily when considering possible downgrades. ESG advocates are cheering the development.
June 10 -
The current deal is the eighth retail auto lease securitization from the registered lease securitization platform, which was established in 2013.
June 9 -
Financial institutions spent nearly $214 billion last year — an 18% jump from 2019 — to meet regulatory requirements for fighting financial crimes, a new study says. The spending included more staffing to manage risks posed by customer growth.
June 9 -
The $1 billion mortgage securitization is smaller than several recent deals, and features modified mortgages. But subordination supports senior notes.
June 9 -
Federal regulators are near the end of a review that could determine whether exemptions that could broaden the credit box will remain consistent for both the primary and secondary markets.
June 9
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The $319 million transaction has significant exposure to Puerto Rico, with outstanding issues, but benefits from solid enhancements.
June 8 -
The deal for the Salt Lake City-based home improvement lender, which Home Depot tried to acquire more than a decade ago, is part of a larger effort by Regions Financial to diversify its home lending business.
June 8 -
But March's overall late payment rate was 1.3 percentage points higher than one year ago, while the 90-day-plus rate was 2.3 percentage points higher.
June 8 -
The transaction, FSMT 2021-4, is one of the trust’s largest deals in the last several years. Half of the mortgages are on properties located in California.
June 8 -
Home prices grew at a record annual pace in April but indicators of a possible slowdown popped up in May, Redfin noted.
June 7 -
The USQ Rail II Series 2021-3 is a master trust that will have two issuing entities, one registered for the U.S. and another for Canada.
June 7 -
Corporate loans to computer and electronics and business services companies support the largest industry concentrations in the first-lien, secured loans.
June 7
















