Luso-American Credit Union

TRENDING

Auto ABS

SFS' latest pool of mostly new cars secures $1 billion in auto ABS

All four of the class A tranches benefit from total initial hard credit enhancement of 13.80%, while the B and C classes of notes are covered by 10.6% and 6.0% in initial hard credit enhancement.

By Donna M. Mitchell

2h ago
Consumer lending

Affirm Asset Securitization plans to sell $634.5 million in ABS from consumer loans

Yields are expected to range from 6.3% on the AAA notes to 7.4% on the BBB notes, which are priced against the three-month interpolated yield curve, and have a final schedule payment date of May 15, 2029.

By Donna M. Mitchell

7h ago
Originations

Mortgage rates drop as markets digest Fed meeting news

The 30-year fixed rate mortgage fell for the first time in six weeks as the Federal Open Market Committee meeting outcome is finally priced in.

By Brad Finkelstein

8h ago