The sponsor appears to be paying for the privilege; the deal is structured with a super senior tranche of notes that benefits from considerably more subordination than the senior tranche of its prior deal.

Consolidation is coming in the mortgage industry, but a protracted timetable will continue to constrict industry profits.

The online lender has acquired NextGenVest, which uses AI and text messaging to advise high school and college students about getting loans. CommonBond’s goal is to better understand the distinctly different demographic group rising behind millennials.

It's the lessor's first trip to the securitization market since its 2017 acquisition of AWAS, which quadrupled, and significantly diversified, its fleet. The new deal finances 18 primarily narrowbody aircraft.

The Democrat, who will likely head the Financial Services Committee, has signaled she'll make expanded housing opportunities for lower-income consumers a top priority.

The overall delinquency rate for securitized U.S. commercial real estate loans is now 3.33%, a decrease of nine basis points from the October level, according to Trepp.

CleanFund has created a division that helps structure Property Assessed Clean Energy financing to meet a mortgage lender's credit criteria; its also talking to lenders about co-financing the energy upgrades.

It’s a trend that bears watching, particularly for holders of the riskiest securities issued in subprime auto securitizations, according to S&P Global Ratings.

It's the first time the refinance student lender used this feature to lock in current funding costs, according to Moody's Investors Service.

Lawmakers have had to extend the program eight times since October 2017, as Congress has been unable to pass broader reforms.

Loans with terms of more than five years represent around 65% of the pool of collateral, down from 67% and 68% for the two prior transaction - but still higher than exposure in 2017 and 2016 transactions.

Proceeds from issuance of $298 million of new notes backed by wireless towers will be used to repay debt issued from the trust in 2013, pay down a line of credit, and fund up to $45 million of additional towers.