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SunStrong Issuer also includes a sequential amortization trigger. Should the cumulative default level exceed the applicable trigger level.
May 15
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A growing supply of unsold inventory applied downward pressure on prices, offering home buyers some relief, the Mortgage Bankers Association said.
May 15
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Federal Reserve Gov. Michael Barr said tariffs could have an outsize impact on small businesses and hardships could outlive the trade policy debate.
May 15
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The advances pushed yields on US government debt lower on Thursday, and traders maintained their wagers on about 50 basis points of easing from the US central bank in 2025.
May 15
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Tariff impact on distressed companies could fuel LME increase
May 15
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SLAM has debt service coverage ratio (DSCR) triggers and a utilization test in the structure to help maintain cashflow and support credit in the notes.
May 14
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The closely watched case centers on bank allegations the government corporation promised certain reverse-mortgage assets in return for funding then reneged.
May 14
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A range of investment residential properties, including single-family homes, condominiums and multi-unit properties, will secure the debt.
May 14
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The average 30-year fixed-rate mortgage rose slightly to 6.86% last week, as economic volatility calmed following the Federal Reserve's recent inaction.
May 14
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The market for estate loans packaged into debt slowed dramatically after the Federal Reserve sharply raised interest rates in 2022.
May 14
