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The Justice Department said in a legal brief that the Consumer Financial Protection Bureau will continue to exist, but said instead that the agency will have fewer employees and a reduced budget under the Trump administration.
February 25
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With that sizable fire power, Alcentra hopes to meet the growing market demand for collateralized loan obligations.
February 25
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The French bank foresees CLO growth in U.S. and Europe but cautions wariness around the current administration's potential impacts to inflation and the economy.
February 25
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HUD denied claims that 40% of the administration's workforce will be cut.
February 25
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The confabs are a sign that Republicans are getting serious about negotiating the contours of a tax deal, even as the House and Senate are pursuing separate strategies.
February 24
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Small-balance commercial mortgages, SBA 504 and investor loans, all first-lien, make up the collateral pool.
February 24
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The FDIC withdrew its amicus brief supporting Colorado's opt-out law on interest rate exportation, highlighting the agency's more fintech-friendly regulatory approach under acting Chair Travis Hill.
February 24
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Interest-only loans, popular pre-2008, have revamped requirements and can be an option for borrowers looking for short-term lower payments, stakeholders say.
February 24
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The current pool has smaller exposures to the construction and turf sectors compared to the 2024-2 series, which have seen higher loss rates than the agriculture sector.
February 21
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Lenders and developers are now working their contacts in Washington to try to protect Ginnie Mae.
February 21
