-
Blue Own Asset Leasing's notes benefit from a reserve account representing 1% of the pool balance, overcollateralization, and a senior-subordinate repayment structure.
October 31
-
Core PCE held steady as service costs rose, but the overall report maintains the central bank's flexibility ahead of next week's Federal Open Market Committee meeting.
October 31
-
The heavy issuance partly stems from banks offloading loans from their books ahead of new capital rules.
October 30 -
All the assets benefit from Federal Housing Administration insurance a sequential payment structure and the subordination of servicer advances, if there is no servicer termination event.
October 30
-
Since the first SLL was arranged roughly seven years ago, the market for such loans has grown to almost $1.8 trillion.
October 29
-
Local Law 79 affects roughly 15,000 commercial real estate buildings in New York City, a market ripe for securitization.
October 29
-
The Dallas-based bank swung to a loss in the third quarter after reclassifying a large bundle of multifamily loans that it plans to offload under a recently announced strategy pivot.
October 29
-
The average size of a Small Business Administration 7(a) loan has fallen to just over $400,000, a level last reached in 2017, according to agency statistics.
October 29
-
The notes receive credit enhancement from overcollateralization, and an initial reserve.
October 29
-
Freddie Mac also indicated that it will be proceeding with its closely watched second-lien pilot, while Fannie reported gains in serving credit invisible borrowers.
October 29
