Commercial banking

Underwriting league tables of asset-backed securities through December 28, 2023

But the decline may be close to its floor, as wide spreads compared to 10-year Treasury yields hinder how far averages could fall.

Matthew Kanas is managing director, Americas at Ignition.

Ganesh Ramaswamy is a partner at Kreston Rangamani, a member firm of Kreston Global.

Mortgage-backed securities' strong showing since mid-October defies a textbook theory that they typically underperform other types of bonds when yields are falling.

While much of the attention in next year's election is on the top of the ticket, there are several other important races in 2024 that banks need to keep on their radar.

Sophisticated technology enables the firm's real-time market adjustments, allowing the lender to become a top securitizer quickly since its founding in 2016.

The Treasury market is on course for a second-straight steep monthly gain, fueled by evidence that inflation is on a path toward the central bank's target after two years of interest rate increases.

The pool is well seasoned with a weighted-average seasoning of over 10 years for almost the full pool, according to S&P Global Ratings.

The certificates are backed by a single loan for 10 retail centers in nine states. AMC Theatres is the portfolio's largest tenant, representing 10.4% of the portfolio's base rent.

Citizens' SVP and director of mortgage secondary and capital markets reflects on what her experience with past cycles suggests about where this one may be headed.

H. Adam Holt is the co-founder and CEO of Asset-Map, a financial technology firm dedicated to creating engaging visual communication tools used throughout the customer and advisor journey and now used by thousands of advisors worldwide and over a million end-consumers.

He has been a financial advisor for over 25 years and is known for his early adoption of technology to build trend-setting client experiences.

Angela Nelson is the VP of operations and executive director of clinical services at RethinkCare.

Greg Freeman is the founder and partner of Wellington Wealth Strategies.

He previously served as the founder and CEO of TrustWealth Strategies, which merged with the Wellington Group to form Wellington Wealth Strategies. Before founding TrustWealth, Greg solidified his reputation as a perennial Blue Chip and Top of Council producer for MassMutual. His experience includes a more than decade-long tenure as a partner and wealth advisor at WestPoint Financial Group.   

The city claims it can build the rental units quicker through this mechanism rather than low income housing tax credits.

Joseph R. Matos is chief of communications, outreach & creative services for the Coalition Against Insurance Fraud.

Katie Thomas, CPA, is the owner of Leaders Online, which helps accounting and B2A (business to accounting) professionals increase their impact, influence and income through thought leadership and digital marketing.

The Consumer Financial Protection Bureau will take a bite out of bank profits in 2024 by issuing final rules on overdraft and credit card late fees, among other major rulemakings.

PRPM 2023-NQM3 Trust has issued residential mortgage-backed securities that are supported by 516 loans, 23% of which were originated by Newfi Lending.

Large retail, office, mixed-use and self-storage loans dominate the property pool.