Commercial banking

The resolution ends the firm's brief challenge to feds over its designation to utilize more flexible underwriting as it meets underserved borrower thresholds.

Tim Collins is the president of Carbon Fund Advisors, the fund sponsor of the Carbon Strategy ETF, an actively managed ETF that provides exposure to global compliance carbon markets.

He has more than 20 years of experience working in the ETF space and broader financial markets, having established and managed numerous trading and market-making operations in the U.S. and Europe. 

The deal has 76,440 in underlying loans, compared with 46,671 on the 2023-C deal. The average balance per borrower, however, was just $14,657, compared with the $14,430 on the 2023-C deal.

Jey Purushotham is practice group leader of risk & compliance at Intapp.

Sebastian Hartmann is vice president of alliances at Intapp.

Domarina Oshana, PhD, is a social scientist and research development professional. She is the director of research and operations for The American College Cary M. Maguire Center for Ethics in Financial Services.

We believe the Fed has raised rates too high, too quickly, without taking the appropriate time to observe the effects that such drastic changes will have on our economy.

Victor Kuznetsov is a Founder of Imperial Fund, with over 15 years of financial and investment management experience. Mr. Kuznetsov is responsible for the management of all fund activities, including operations, capital markets, and investor relations. Previously, Mr. Kuznetsov spearheaded investment efforts at a private equity firm focused on the commodities sector. Over the course of 8 years at the firm, he managed corporate assets and financial and real estate investments.

All of the class A notes, of which there are four tranches of notes, have a credit enhancement level of 7.55%, while classes B and C have credit enhancement levels of 5.75% and 2.75%.

High interest rates and constrained inventory will take its toll on originations and securitization activity in 2024, the rating agency commented.

Etay Maor is senior director of security strategy for Cato Networks. Previously, he was chief security officer for IntSights and held senior security positions at IBM and RSA Security's Cyber Threats Research Labs. An adjunct professor at Boston College, he holds a BA in computer science and a MA in counter-terrorism and cyber terrorism from Reichman University (IDC Herzliya), Tel Aviv. Contact him at Etay.Maor@catonetworks.com.

The neobank is also benefiting from its product diversity.

Jessica Ruggles is the corporate vice president of financial wellness at life insurance company New York Life.

As interest rates rise and delinquencies among borrowers with poor credit scores soar, investors are increasingly scrutinizing the riskiest slices of asset-backed securities sold by some subprime auto lenders. That's forced certain issuers to postpone deals or sweeten terms.