Commercial banking

The Chicago-area lender, which at first was able to get the suit quashed, agreed to end the discrimination case by paying a $105,000 fine.

Aside from the pool primarily made up of second and junior liens in the pool, 82.2% of the loans were underwritten with alternative documentation.

Dusti Browning is the chief operating officer at Conduit Health Partners.

Eric Boughner is the chairman of BNY Pennsylvania and regional president of BNY Wealth.

He oversees all client, employee and community activities in Pennsylvania and leads BNY Wealth across the Midwest. He has worked across the financial service industry and joined BNY in 2008 as a portfolio manager in the in the private equity group.

Lewis Rinaudo Cohen is the co-chair of the digital assets and emerging technology practice group at Cahill Gordon & Reindel LLP, known as CahillNXT, which focuses on the use of blockchain, crypto assets and tokenization across all aspects of capital markets and all areas of economic activity. Lewis is a frequent public speaker on the topic of blockchain and the financial markets, and has been included for many years as a "Band 1" practitioner by leading independent firm Chambers and Partners USA.

Jason Rozovsky is head of legal at Interop Labs, the initial developer of the Axelar network, the Web3 interoperability platform. Jason has worked in the blockchain space for nearly a decade, having previously been global legal lead for blockchain at Accenture and assistant general counsel at R3, an enterprise blockchain company.

The wholesale lender filed a motion to dismiss the case, or at least to strike the class action certification in mid-October.

A vast majority of the deal, 87.17% of the collateral, as a percentage of the assets' principal balance, has a 60-month original term to maturity.

Alice Grey Harrison is managing partner of AGH Consulting Group.

A measure of daily yield swings is at its highest in a year as traders position for further losses that could send 10-year yields as high as 4.5% over the next three weeks.

Republic First Bank allegedly discriminated against minority borrowers before it went under in April. New Jersey officials want both the acquirer of its remains, Fulton Bank, and the FDIC to assume some responsibility.

Underwriting league tables of asset-backed securities through October 31, 2024

Issuance volume of asset-backed securities for the year through October 31, 2024

Blue Own Asset Leasing's notes benefit from a reserve account representing 1% of the pool balance, overcollateralization, and a senior-subordinate repayment structure.

Chris Shafer is senior director of talent acquisition at Platform Accounting Group, a collective of more than 35 local accounting firms across the United States.

Core PCE held steady as service costs rose, but the overall report maintains the central bank's flexibility ahead of next week's Federal Open Market Committee meeting.

Marcy Klipfel is the Chief Engagement Officer at Businessolver, a leading benefits administration technology platform. There, she oversees recruiting, training, compensation, benefits, succession planning, organizational design, compliance, performance management, and driving a high-performance culture. Annually, Businessolver conducts the State of Workplace Empathy Study with a national audience of CEOs, HR leaders, and employees. Learn more at www.businessolver.com/workplace-empathy.

The heavy issuance partly stems from banks offloading loans from their books ahead of new capital rules.

Allen Puwalski is the managing partner & CIO of Cybiont Capital and a member of the board of Flagstar Financial. He has previously served as chief of bank analysis at the FDIC's Division of Insurance, led the global financial team at CFRA and was a financial sector specialist at Paulson & Co. He is a chartered financial analyst.

All the assets benefit from Federal Housing Administration insurance a sequential payment structure and the subordination of servicer advances, if there is no servicer termination event.