Commercial banking

Tim Bender is a CPA and partner in the advisory practice at CohnReznick focusing on government-related services. He has more than 25 years of experience serving federal, state, and local government clients as well as not-for-profit organizations, commercial companies, and investors. His areas of expertise include program and project management, strategic planning, policy guidance, risk management, auditing and integrity monitoring.

HYPER 2025-1 is DataBank Holdings' first hyperscale data center securitization, secured by the data centers in Virginia, Georgia, and New York.

Treasuries climbed across the curve, driving two-year yields down three basis points to 3.51%. Money markets almost fully priced in three Fed reductions by the end of 2025.

The subordinate classes will always pay principal sequentially, but their repayments start after all the senior classes have been retired.

Underwriting league tables of asset-backed securities through September 4, 2025

Underwriting league tables of asset-backed securities through August 28, 2025

Underwriting league tables of asset-backed securities through August 21, 2025

Issuance volume of asset-backed securities for the year through September 4, 2025

Issuance volume of asset-backed securities for the year through August 28, 2025

Issuance volume of asset-backed securities for the year through August 21, 2025

The 2025A bonds will have parity with all senior bonds that have been previously issued, and any senior bonds issued in future deals.

Falling interest rates led to a rush in refinancing, but slowing purchase activity brought a decline in overall lock volumes, according to Optimal Blue.

Travis Willard is chief product and technology officer at the Institute of Management Accountants, where he leads the organization's global product, technology, and innovation strategy. He joined the IMA as senior vice president of product and innovation, where he led the successful launch of IMA's B2B platform and laid the foundation for the organization's broader digital transformation.