Fannie Mae and Freddie Mac will be allowed to build capital buffers to protect against losses under an agreement between the Treasury Department and the Federal Housing Finance Agency announced on Thursday.
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StreetShares seeks to tap into the loyalties of military veterans, bringing together borrowers and savers through an online platform.
January 24
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The deal is the first vehicle loan securitization for the London affiliate of South Africa's FirstRand Group since November 2016.
January 24
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Many in the industry applauded the Consumer Financial Protection Bureau's new mission statement shifting the agency's focus away from using enforcement actions as a substitute for rules of the road.
January 24
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The private investment firm has obtained a $471 million mortgage from Goldman Sachs secured by 85 properties with a total of 10,764 keys operating under the InTown Suites flag.
January 24
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Refi loans that the servicing behemoth is making through Earnest do not require the same amount of seasoning as new in-school loans, and so can be securitized much sooner.
January 24
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The largest loan is a $94 million portion of a $340 million mortgage originated by Wells, Deutsche and Goldman secured by three interconnected buildings whose sole tenant is Apple.
January 24
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The captive finance lender for Toyota dealers in the Southeast U.S. returns with its 11th overall transaction sized at $800 million, with a potential upsizing to $1B.
January 23
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Stepping in after co-founder Mike Cagney's resignation, Twitter's Anthony Noto needs to overhaul the firm's corporate culture, lay the groundwork for an IPO and determine whether to renew SoFi's pursuit of a bank charter.
January 23
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The Salt Lake City-based lender homes in on troubled borrowers whose subprime status is primarily tied to a recent bankruptcy protection filing.
January 23
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The Blackstone affiliate is cashing out over $200 million of home price appreciation in the process, resulting in a loan-to-value ratio that is unchanged from the original Colony American Homes transactions.
January 23
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In a blow to the Consumer Financial Protection Bureau, a federal judge rejected the agency's request for over $280 million in penalties against the California lender CashCall, ruling that the lender's violations did not justify such a large fine.
January 22
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A pre-marketing wire on the Sales Tax Securitization Corp.'s $366.2 million of tax-exempts indicates the Chicago deal may see wider spreads than in its bond sale last month.
January 22
