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The new commercial real estate team fills a longstanding gap in Nomura's securitized products and private credit unit.

About 73.9% of the underlying mortgages were underwritten through debt service coverage ratio (DSCR) and 12- to 23 months of profit and loss and bank statements.

As Washington weighs a national housing emergency, U.S. homeownership has slipped year-over-year, according to Redfin.

The deal will issue class A through class G certificates through a structure of eight tranches, which includes a payment-in-kind feature for the class E, F1, F2 and G certificates.

Federal Reserve Bank of St. Louis President Alberto G. Musalem said central bank autonomy leads to lower inflation and stable employment numbers. His comments come amid the Trump administration's attempt to remove a Fed board member for cause.

A pickup in refinances was offset by the first pullback in purchases in four weeks in the run-up to Labor Day, according to the Mortgage Bankers Association.

The region is poised for growth, given the untapped market potential and deglobalization, which will force greater autonomy from the US and drive increased spending.

A pension fund has been suing former executives over two decades for misleading investors about the company's subprime holdings before the financial crisis.

Strategically introducing AI bolsters FIS' value added services, and improves clients' scalability and decision-making.

Saudi banks may transfer as much as $48 billion in legacy mortgages to SRC by 2030, unlocking liquidity and enabling almost $23 billion of securitization for investors.