Commercial banking

Sponsors offer "consolation prizes" for lenders giving up rights to contest their place in the priority of repayments.

While the overall delinquency rate improved this summer, FHA-backed mortgage borrowers continued to exhibit concerning levels of payment stress in July.

Underwriting league tables of asset-backed securities through August 14, 2025

Underwriting league tables of asset-backed securities through August 7, 2025

Issuance volume of asset-backed securities for the year through August 14, 2025

Issuance volume of asset-backed securities for the year through August 7, 2025

Scott Turner is the secretary of the Department of Housing and Urban Development

Ian Liu is a Client Executive with Global Risk Consultants. Ian is a RIMS conference speaker and thought leader in the risk engineering industry. He previously worked with AXA XL and FM. He earned a Master of Management in Artificial Intelligence from Queen's University and a Bachelor of Applied Science degree in Chemical Engineering with a Minor in Sustainable Energy from the University of Toronto.

A few structural changes are in SFUEL 2025-B, compared with SFUEL 2025-A, and the classes A and B notes benefit from higher subordination levels.

Mike Cagney is a co-founder and serves as executive chairman of Figure, an online lending platform. He formerly co-founded SoFi.

The President said in response to a press question about Federal Reserve Gov. Lisa Cook that he would fire her "if she doesn't resign" over allegations of claiming primary residence at two properties she owns, though the legality of such a move is unclear.

Traders boosted wagers on a quarter-point cut next month, pricing in a roughly 85% chance of a move, up from around 65% before Powell spoke.

Kevin McDonald is chief operating officer and chief information security officer at Alvaka, where he has served for more than two decades. He is a member of industry and law enforcement organizations including the High-Tech Crimes Investigations Association, FBI Infragard, DHS CISA UAV Working Group and GTIA's Global Cybersecurity Task Force. He can be reached by email at kevin@alvaka.net.

In a letter to federal leaders, the Community Home Lenders of America expressed views about a possible GSE merger and the need for "critical" mortgage products.

Most of the pool, 74.6%, was underwritten to less than full documentation. Of the pool loans, 38.2% of them were underwritten to a 12-month or 24-month bank statements.

Most of the capital structure will pay fixed-rates to noteholders, except for the A1B notes, which offers floating-rate notes pegged to the one-month SOFR.

Lagging tech adoption, issues with credit, and originators' rush to close refinances earlier this year contributed to deterioration, a study found.

Trump has yet to decide when Fannie Mae and Freddie Mac will return to the market in an IPO that regulator Bill Pulte says could top $1 trillion.

Ryan Ellis is the president of the Center for a Free Economy.

Mike Sanders is co-founder and CEO of CereTax. He is a tax technology entrepreneur with over 30 years' experience building and scaling successful businesses. In 1998, he co-founded Tax Partners, growing it into the nation's largest sales tax compliance service bureau before its acquisition by Thomson Corporation. In 2010, he co-founded SureTax, the first SaaS tax calculation platform tailored for the telecom and energy sectors, which was later acquired by Wolters Kluwer.