Personal loans underpin Theorem Funding's latest, for $358.7 million in ABS
October 21, 2022, 1:09 p.m. EDT 1 Min Read
For reprint and licensing requests for this article, click here .
MORE FROM ASSET SECURITIZATION REPORT
-
The transaction's pool of 365 fixed-rate mortgages, all first lien, breaks down to mostly non-agency loans (61.4%). The rest, 38.6%, are agency eligible.
8h ago
-
The Federal Reserve's preferred measure of inflation moved closer to the 2% target last month, but the impact of tariffs remains to be seen.
May 30
-
Most of the contracts in Point Securitization Trust, 1,750 (81.64%), are second-lien as of the cut-off date.
May 29
-
However, with the market continuing to shift more in favor of homebuyers, home prices should move lower, aiding affordability in the weeks ahead.
May 29
-
The Federal Reserve chair said he made no commitments on the central bank's next monetary policy adjustment, only that the decision would be made based on incoming data.
May 29
-
Elon Musk, formerly head of the Department of Government Efficiency, said he will officially leave the federal government after a short but tumultuous tenure. DOGE's actions at the Consumer Financial Protection Bureau are being reviewed in federal court.
May 29
