The Latest

Affirm Asset Securitization Trust 2021-B, is the company’s sixth rated term ABS. Observers expect to see more point-of-sale consumer loan asset ABS.

Less than a month removed from the tightest spreads of the post-financial crisis era, risk premiums for speculative-grade debt are climbing once again.

Despite the auto sector's resilience in recent economic quarters amid the pandemic, observers remain watchful of employment trends and waning government help.

This year’s stress tests examined 23 banks including JPMorgan Chase and Goldman Sachs, with the remainder of the firms on an “every other year” test cycle. The capital requirements for those remaining firms are unchanged from last year.

Late payments on office loans have trended upward recently, but longer lease periods may mitigate the potential for distress in that sector, the Mortgage Bankers Association said.

For the current transaction, excess spread is at about 5.65% annually, which is in line with the 5.8% in the 2021-NR series of notes.

The 3.3 million-square-foot behemoth, which features an indoor ski slope and amusement park made a $9.3 million Aug. 2 payment on about $290 million.

The regulation of cryptocurrencies gains momentum abroad while a number of hurdles must be cleared before lenders and banks can handle them at scale in the U.S.

A ClimateCheck score measures the risk of disaster at the zip-code level over the period of a 30-year mortgage.

Used autos are in high demand, because the COVID-19 pandemic caused production delays that constrained the supply of new vehicles to the market.