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Certain private-label securities may get a lower risk weighting for bank capital and separately, second liens have new uniform guidelines for TRID.
May 26 -
A revolving pool of business loans and merchant advances secures the deal, and the revolving period ends on May 31, 2029, about 36 months after the initial closing date.
May 26 -
BasePoint's technology system, including a proprietary database of historical loan performance data going back 15 years and overseen by 20 data scientists, enables it to fund borrowers daily and apply margin calls every five days.
May 26 -
The deal also includes a 120-day stop advance provision, which prevents it from forwarding any interest and principal on loans that are past 120 days delinquent.
May 22 -
Higher energy and commodity prices are intensifying headline inflation, which means inflation is headed is not headed in the right direction.
May 22 -
Securitization market participants advocate for more inclusive structured credit indices to overcome the limitations of legacy benchmarks.
May 21
Published August 15, 2015, 9:28 p.m. EDT
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Updated August 23, 2015, 9:29 p.m. EDT
1 Min Read
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