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The European Banking Federation and the Association for Financial Markets in Europe said the planned tweaks risk "curtailing the utility of securitization."

After the prefunding period, up to 7.50% of the total pool balance will consist of collateral from earlier transactions or newly acquired assets, timeshare loans.

New securitization volume should surpass 2024 business by 16%, after getting a boost from consumer asset-backed securities (ABS) classes and do $948 billion in new business in 2026.

At issue is the CFPB's weekly publication of Average Prime Offer Rate tables, a key benchmark enabling the smooth operation of the $13 trillion residential mortgage market. 

In September, panic swept through Argentine markets. The peso plummeted and the country's dollar bond yields skyrocketed over 17%, prompting the Trump administration to rush emergency aid to Milei to curb the selloff.

Decision makers have voiced support for lower financing costs but researchers have said achieving it could be complicated. Part 3 in a series.

The wagers reflect the potential for monetary policy easing to gather pace after chair Jerome Powell's term ends in May.

As federal watchdogs step back from regulating "Buy Now, Pay Later" loans, state authorities are stepping in. This week, the attorneys general from California and several other blue states joined the fight.

BRAVO Residential Funding's notes will repay investors through a sequential payment structure, and include a step-up coupon for classes A-1A, A-1B, A-2 and A3.

What developments around rent reporting and new credit standards portend for mortgage companies. Part 2 of a series on government-sponsored enterprise changes.