Australia-based Westpac Securitisation Management Pty Ltd. filed an S-3 with the Securities and Exchange Commission (SEC) to possibly issue mortgage ABS notes.
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Mutual of Omaha Mortgage originated a pool with mostly adjustable rate mortgages, which account for 66.25% of the pool's aggregate unpaid principal balance.
Zillow now predicts mortgage rates to end 2026 over 7%.
The fintech integrates with payroll systems of employers to arrange early access to earned wages for its customers.
Upstart's grade E loans account for 47.1% of the collateral pool, compared with 43.3% in the UPST 2026-3, while the concentration of 60-month loans is also lower.
Island CEF, a subsidiary of Gordon Brothers completed its first securitization in August, selling $265.5 million in bonds secured by equipment finance leases and loans payments.
The Federal Reserve voted 6-1 to finalize its proposed stress test reforms, including seeking input on stress test scenarios and models annually and averaging results over two years.