News Feed

Sen. Dick Durbin, the Senate's No. 2 Democrat, announced he will not seek reelection in 2026, concluding more than four decades in Congress. The Illinois lawmaker leaves behind a notable imprint on U.S. financial policy, particularly regarding swipe fees.

The sponsor launches the deal after a period of increased originations in marine and recreational vehicle loans, will secure the notes.

Federal Reserve Gov. Adriana Kugler said tighter monetary policy has proved to be less impactful on nonbank lenders during the post-pandemic era.

A federal judge has ordered a staff member of the Department of Government Efficiency and the Consumer Financial Protection Bureau's top lawyer to appear at an evidentiary hearing next week.

Don Layton, former Freddie Mac CEO, and self-proclaimed "GSEologist" predicts that a release of the two entities will occur within four to six years.

The notes benefit from various levels of debt service coverage ratio (DSCR) triggers that help support repayment.

House Financial Services Committee ranking member Maxine Waters, D-Calif., led a group of Democrats in challenging Treasury Secretary Scott Bessent over the current state of the Community Development Financial Institutions Fund.

The partnership between alternative investment managers adds to signs investors see the private mortgage market as attractive, albeit not immune to risk.

Underwriting league tables of asset-backed securities through April 17, 2025

Issuance volume of asset-backed securities for the year through April 17, 2025