Fewer mortgage borrowers are falling behind on their payments, and consumers' broader borrowing habits indicate an increased willingness to turn to nontraditional sources like fintechs for their lending needs, according to TransUnion.
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Seven years after James Gutierrez left Oportun Financial and started a competitor, the acrimony sparked by the divorce is coming into public view.
March 14 -
The collateral for Towd Point Mortgage Trust 2019-SJ2 consists of 26,869 seasoned performing and reperforming loans with an average balance of $40,428.
March 14 -
Dunkin' Brands plans to use note proceeds to pay down $985 million of outstanding notes from its debut deal four years ago.
March 13 -
Five EETCs totaling $3.9 billion have exposure to the type of jet involved in Sunday's crash; but there are none in lease ABS, which could benefit from higher valuations of replacement aircraft.
March 13 -
In remarks to credit unions, the Senate Banking Committee Chairman said that fixing the government-sponsored enterprises and data security were priorities.
March 13
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There are six tranches of AAA rated notes, including fixed-rate, some variable rate, and even a rare tranche of AAA rated loans.
March 13 -
DBRS and Kroll Bond Rating Agency also rate commercial real estate collateralized loan obligations, as does Moody’s Investors Service, though Moody’s rates only the senior tranche of deals
March 12 -
The $209.7 million FCI Funding 2019-1 also features unusually high exposure to vacant land, which is generally considered to be a riskier asset than residential or commercial property.
March 12 -
The bureau's director, Kathy Kraninger, faced a barrage of criticism from Senate Democrats on the agency's lack of enforcement actions, a reversal on Military Lending Act examinations and changes to the payday loans rule.
March 12 -
The Securities Industry and Financial Markets Association approved changes to its good delivery guidelines that ease the path to the government-sponsored enterprises issuing uniform mortgage-backed securities starting on June 3.
March 12 -
Nearly half of the collateral for the $268 million Bunker Hill Loan Depositary Trust 2019-1 is secured by investor properties.
March 12 -
The Blackstone-backed company obtained a $530 million mortgage from Goldman Sachs and JPMorgan Chase secured by 18 industrial cold storage facilities.
March 11













