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The current collateral pool carries loans with shorter terms, shorter periods of seasoning, and higher non-zero credit scores, compared with Westlake 2022-2.

Wind and storm surge damage to residential and commercial properties could reach $47 billion, according to a CoreLogic analysis.

Principal distributions allow for amortization of all senior and subordinate bonds based on credit enhancement targets set for performing and nonperforming loans.

Interest rate increases by central banks have compounding effects and could exacerbate weaknesses in the global financial system, Federal Reserve Vice Chair Lael Brainard argued in a speech Friday.

U.S. equity futures advanced with government bonds, signaling a potential recovery at the end of a tumultuous week in markets.

Despite the concentration of imaging equipment, those types of equipment have generally outperformed other equipment types within the GreatAmerica portfolio.

The Federal Housing Finance Agency got an earful from housing experts at a listening session intended to aid a comprehensive review of the financing system.

Three percent of all mortgages were 30 or more days past due on their scheduled payment or in foreclosure in July.

After landing in Florida as the second-strongest storm on record, Ian is now is expected to re-strengthen and menace South and North Carolina and Georgia.

Bonds sold to help U.S. utilities recoup losses from natural disasters are seeing an unprecedented boom, with the latest burst of issuance generated by the deadly February 2021 storm that paralyzed Texas.