| ARM Type | Index Value | Effective Margin | OAS | ZVO |
| GNMA | ||||
| 06/02/04 | 1.82 | 138.0 | 105.0 | 114.0 |
| Previous Week | 1.83 | 102.0 | 55.0 | 66.0 |
| Conventional | ||||
| 06/02/04 | 1.82 | 152.0 | 168.0 | 171.0 |
| Previous Week | 1.83 | 127.0 | 170.0 | 174.0 |
| Conventional | ||||
| 06/02/04 | 1.802 | 124.0 | 80.0 | 128.0 |
| Previous Week | 1.815 | 110.0 | 55.0 | 113.0 |
| Source: Capital Management Sciences | ||||
Formerly of Wells Fargo, she will coordinate several key units to create a structure for a sustained capital markets program that capitalizes on recent innovation and growth in home equity finance.
The Structured Finance Association questions whether funding closed-end seconds is an appropriate role for the government-sponsored enterprise, while newer lenders welcome the liquidity support.
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
The bank is a top auto lender, with a managed portfolio of $7.1 million through December 2023, and has a strong servicing track record.
The initial protection amount, Moody's says, is 12.5% of the total reference pool and equals the principal amount of the rated and unrated issued notes.
Net charge-offs at the Charlotte, North Carolina-based bank increased by more than 80% in the first quarter compared with a year earlier. BofA executives say that the rising losses were in line with the bank's risk appetite.
