Absent some policy change, nearly a third of the loans backed by Fannie Mae and Freddie Mac could be in violation of the Consumer Financial Protection Bureau's Qualified Mortgage rule in two years.
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The new regulation, codifying requirements already in practice, is meant to help the mortgage giants prepare for the adoption of a uniform security in June.
February 28 -
Concerns about risks in the leveraged loan market, as well as the potential impact of new capital rules for Japanese banks, continue to weigh on collateralized loan obligations.
February 27 -
The first step toward getting a handle on blockchain technology is to avoid getting bogged down in how it works. Think instead of what it can do, experts say.
February 27 -
Three years after Verizon issued its first term securitization of device payment plans, it remains the sole issuer; Sprint, T-Mobile and AT&T appear to have other priorities.
February 27 -
Credit risk transfer does more than just reduce exposure to a downturn in the housing market. It also provides them with information about how others view mortgage credit risk.
February 27
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Allowing borrowers to defer payments can be an effective way to mitigate losses, but only when used judiciously, according to S&P.
February 26 -
Since most U.S. securities transactions are subject to New York law, it could be expedient to pass legislation defining Libor as SOFR plus a spread, says David Bowman, special adviser to the Fed.
February 26 -
Not every tranche of notes originally issued by ALM XIX has been upsized by the same amount; in fact, some of the lower-rated tranches have been cut in size.
February 26 -
Demeter Power Group co-founder Michael Wallander has joined Petros as senior vice president of solar financing for Petros Energy Solutions, a newly formed affiliate.
February 26 -
The foray into digital consumer lending follows a similar move by rival Citigroup.
February 26 -
Without the ability to issue unsecured debt nearly as cheaply as U.S. Treasury bonds, Freddie Mac could not afford to repurchase defaulted loans from MBS, Freddie CEO Don Layton said.
February 26 -
Market participants seem to view S&P's downgrade of TGI Friday's 2017 transaction this month as an outlier event in a sector that continues to gain in popularity with investors.
February 26













