Commercial banking

Summers said a combination of major immigration restrictions, federal government layoffs and damage to US competitiveness from President Donald Trump's tariffs.

Tax liens have so-called super priority in repayments, even placing ahead of a previously filed mortgage.

Veena Dandapani is a member of the board at Colorado-based FirstBank. She is a former chief client services officer at Pagaya, and a former senior vice president with Western Union.

For the first time in almost two years, mortgage products available for consumers are at a level established in 2012.

Issuance volume of asset-backed securities for the year through March 6, 2025

The KBW Nasdaq Bank Index is down more than 7% year to date. Analysts blame confusion caused by President Trump's evolving tariff policies and heightened worries about an economic downturn that could hurt banks' credit quality.

A set of performance-related triggers—cash trapping and expense reserve—will help maintain cash flow to the notes.

Over 85% of the collateralized loan obligation's total dollar value will be comprised of apartment complexes and hospitality and industrial properties.

The giant asset manager is launching new CLO funds that generate higher returns without significantly increasing risk–by focusing on the less-favored tiers of CLO stacks.