The Education Department reportedly has plans to shield student loan servicers from state regulators, but the Conference of State Banking Supervisors isn't ready to cede its authority.
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The Market Center buildings in San Francisco's South Financial District includes Uber, Mindspace and TIBCO Software as tenants.
April 4
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The Toronto-based fleet management giant is offering its fourth securitization since merging the operations of the former GE Capital vehicle fleet business onto its trust platform.
April 3
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The increase in the delinquency rate for securitized CRE loans for March ended an eight-month streak of declines.
April 3
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Fortress Investment Group's $702.8 portfolio of SME loans is the first since Softbank Group acquired Fortress in December.
April 3
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The latest salvo by the acting director of the Consumer Financial Protection Bureau — proposing in the agency's semiannual report that all CFPB rules be subject to congressional approval — left many observers stumped if not outraged.
April 2
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Acting Consumer Financial Protection Bureau Director Mick Mulvaney proposed dramatic curbs to his agency's power in a report Monday, including a recommendation that all CFPB rules must be approved by Congress.
April 2
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Managers are regaining the ability to amend older deals that they previously locked down to maintain risk-retention exemptions.
April 2
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Explosive growth in student lending was putting pressure on the capital ratios of the company, formerly Darien Rowayton Bank; a securitization got a big chunk of servicing strips off its books.
April 2
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The annual progress report on the Fannie Mae and Freddie Mac conservatorships reiterated that a new credit score model will likely not be operational until after the implementation of a new Single Security Initiative.
March 29
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The regional captive-finance lender for Toyota dealers has boosted the credit quality of the collateral in response to rising delinquencies in recent transactions; sub-650 FICOs have been excluded.
March 29
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No reason was given for his exit by the Silicon Valley lender, which named another prominent economist, Susan Athey of Stanford, to its board of directors.
March 28
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Lenders should not get so desperate chasing volume by originating lower credit non-qualified mortgage products that they are inviting the next regulatory crackdown, said David Stevens, the Mortgage Bankers Association's CEO.
March 28
