The Latest

The Federal Housing Finance Agency is scrapping a capital proposal it released last year and will seek comments on a new plan in 2020.

The custody bank has deployed more than 300 bots and is using artificial intelligence throughout the organization.

With economic expansion expected to keep churning through at least the first half of next year, Fannie Mae upwardly revised its single-family mortgage origination outlook for 2019 and 2020.

The 2015 decision posed new legal challenges for institutions trying to sell loans to third parties, but the federal regulatory agency proposed steps Monday for banks and debt parties to evade state interest rate caps.

Santander Revolving Auto Loan Trust 2019-A is the debut deal on Santander’s revolving platform (or SREV, according to presale reports), and will have a five-year period in which the lender can add additional loans to the collateral

Lenders have bundled more than $18 billion worth of non-QM, private-label loans into bonds this year that they then sold to investors, a 44% increase from 2018 and the most for any year since the securities became common post-crisis.

New proposed securitizations from American Honda and Ford Motor Credit, plus a U.S.-dollar denominated ABS transaction sponsored by Scotiabank, will push total securitization volume of prime auto ABS to nearly $52 billion - the highest yearly volume in the sector in seven years.

Banks and lenders have made inroads in analytics and automation with machine-learning technology. Will asset management follow suit?

The Federal Housing Financial Agency's latest report on credit risk transfers shows Fannie Mae continues to slowly improve a multifamily mortgage risk-sharing metric that lags Freddie Mac's by a wide margin.

The proceeds from the new notes will be used to help fund the Hampton, N.H.-based company’s rapid international expansion efforts, as well as fund a dividend to Planet Fitness (NYSE: PLNT) equity holders.