| Date | MBS Coupon | FHLMC PC Gold Yield | Spread | Ginnie Mae Yield | Spread | 10y Tsy Yield |
| 05/10/02 | 5.00 | 6.02 | 86.00 | 5.89 | 73.00 | 5.16 |
| 04/11/02 | 5.00 | 6.08 | 90.00 | 5.94 | 76.00 | 5.18 |
| 05/14/02 | 5.00 | 6.06 | 91.00 | 5.93 | 78.00 | 5.15 |
| 05/15/02 | 5.00 | 6.00 | 89.00 | 5.87 | 76.00 | 5.11 |
| 05/16/02 | 5.00 | 6.05 | 90.00 | 5.92 | 77.00 | 5.15 |
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.
