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Sales of new U.S. homes rose in July for the first time in four months, helped in part by additional inventory and indicating still-firm underlying demand.

The price for the 20% stake in Santander Consumer USA Holdings that Santander does not already own is significantly higher than what the buyer first offered in July.

The proceeds from the trust’s certificates will refinance some CMBS debt, among other balance sheet uses.

Investors wanting to hedge risks arising from potential Federal Reserve policy changes should consider credit markets instead of equities.

The overall pace of both entries and exits slowed, even as the private-label securities and portfolio loan segment saw a spike in its numbers.

The GS Mortgage-Backed trust consists of about 1,219 loans and plans to issue notes from a pool that has an aggregate principal balance of about $325.3 million.

Ontario Teachers’ Pension Plan said equity gains helped offset fixed income and currency losses in the first half of the year.

The bank, which helped launch the real-time network for peer-to-peer payments, is trying to duplicate that success by helping corporate clients process certain transactions instantly with wholesale partners and, in some cases, retail customers.

Blackstone Inc. is broadening its bet on U.S. student housing, forming a $784 million joint venture with Landmark Properties.

Refinancing, high home prices, the concentration of pandemic-related hardships in the FHA market, and the lingering impact of last year’s market disruption all likely played a role in the intensified discrepancy.