The transaction, cooperatively sponsored by the insurer's residential mortgage lending group of five home-loan entities, is among the smaller of AIG’s recent prime jumbo pools that have been as high as $429 million.

The CFPB issued a final rule late Thursday to delay the compliance date for mandatory underwriting provisions of the 2017 payday lending rule.

The Federal Housing Finance Agency has far more authority to upend the status quo than most realize, according to a new report.

The agency's vote Thursday threatens to block many of the industry's communications with customers, though banks did win one concession.

The corporate aircraft finance specialist had previously only pooled jet purchase and lease agreements acquired from GE Capital.

The Mortgage Bankers Association created a template for originators to notify new borrowers when their adjustable-rate mortgage switches to a different index once publication of the London interbank offered rate discontinues.

Although it will be refinancing $869 million in debt, Wendy's Funding LLC will remain at a high leverage level in comparison to other whole-business ABS issuers.

Toyota Motor Credit Corp. is debuting a new revolving ABS platform to securitize a large portion of six-plus year term loans excluded from its standard prime-loan securitization shelf.

The company intentionally submitted inaccurate borrower information overstating the number of white applicants, the consumer bureau alleges in a consent order.

Consumers' knowledge of the mortgage process and what it takes to purchase a home has not improved from four years ago and lenders have an opportunity to fill that need, Fannie Mae said.

The deal will add to the bulge of recent SASB deals that produced a monthly record volume of $7.6 billion through 11 deals in May.

Lawmakers waded into a growing debate about the threat posed by corporate credit risk.