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The public and large institution segment make up 89.7% of obligors, up from the 87.7% seen in DEFT 2025-2, an increase that was driven largely by an increase in the large enterprise institution segment.
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American Banker data found that those who upped artificial intelligence spending by more than 25% in the last year saw major improvements in employee output.
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A new Basel III proposal offers mixed results for warehouse lending, with some risk-weight relief for banks but tougher terms that could crimp credit availability for nonbank mortgage lenders.
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The proceeds from PAID 2026-R2 will fund a purchase account, which will purchase unsecured consumer loans from PAID 2024-2 and 2024-3.
April 7 -
Washington State charged Newrez after a consumer investigation, with the notice following recent enforcement action against Luminate Home Loans.
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Loans with original terms longer than 60 months now represent 71.7% of the pool, up from 70.4% in the prior deal.
April 7
Published November 04, 2016, 8:57 a.m. EDT
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