Delinquencies associated with the government-sponsored enterprises high loan-to-value ratio programs that target low-to-moderate income homebuyers are slightly better than expected, at least early on, according to Fitch.
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As officials prepare plans for the government-sponsored enterprises' exit from conservatorship, there's no shortage of speculation about what those plans might look like and how they might affect the mortgage industry.
June 19
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Kroll this week withdrew ratings on the defunct subprime auto lender's loan securitization, which had undergone multiple downgrades.
June 19
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The little-known unit was launched in the wake of efforts by the CFPB and HUD to cut back on fair-lending activities, but the reach of the 10-month-old office is still unclear.
June 18
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Jack in the Box Funding LLC (Series 2019-1) trust will issue $150 million in variable funding notes and $1.3 billion in senior term asset-backed securities that will repay all of the company’s debts totaling more than $1 billion
June 18
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The Horizon Aircraft Finance II transaction will use the proceeds from the notes sale to acquire 20 narrowbody aircraft on lease to 16 global airlines.
June 18
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ExteNet builds out and leases infrastructure for mobile broadband services within office towers, stadiums, transit systems and other high-data traffic facilities.
June 18
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Alternative investment manager Pretium plans to buy Deephaven, a residential mortgage-backed securities issuer that operates outside the qualified mortgage market, from Varde Partners.
June 18
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In her first four and a half months, Kathy Kraninger met with lawmakers more than twice as often as her predecessor, but her schedule demonstrates willingness to meet with industry and policy stakeholders from various camps.
June 17
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S&P says investors are asking more questions about how rising levels of self-storage property collateral is affecting conduit CMBS transactions.
June 17
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The marketplace lender has garnered improved ratings in its latest securitization of unsecured consumer loans, a pool featuring a higher proportion of prime borrowers and additional credit enhancement compared to its prior deal.
June 17
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The executives were hired for their focus on loan origination, portfolio management and securitization.
June 17
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Dozens of companies, including Google and PayPal, met with OCC officials last year in part to discuss obtaining a new fintech charter, but many ultimately decided not to pursue it, according to sources. Here's why.
June 16
