Commercial banking

Borrowers have a FICO score of 739, which is the highest of prior LADAR transactions. There is also a non-declining reserve account of 1.00% of the initial adjusted pool balance.

The sale marks the firm's first operating company-level debt sale in about four years.

Ryland Costello is the Senior Manager of Channel Partnerships at DailyPay. DailyPay delivers the industry's leading on-demand pay solution with modern, insight-driven pay strategies that help America's leading employers to activate their workforce and build stronger relationships with their employees, so they feel more engaged, work harder, and stay longer. Ryland is a graduate of the University of Connecticut School of Business where he received his B.S. in marketing. 

Geoffrey Crossan serves as VP/GM, Wisely by ADP for Employee Financial Solutions. Wisely provides ADP clients with a convenient and compliant method of electronic pay, and gives their employees access to flexible payment solutions and financial wellness tools. He graduated with a degree in Civil Engineering from the University of Pennsylvania and holds an MBA from Columbia Business School.

UBS Group AG agreed to pay $1.44 billion to settle a case with the U.S. Department of Justice regarding how it handled residential mortgage-backed securities. 

Wendy De La Rosa is an assistant professor of marketing at the University of Pennsylvania's Wharton School.

With prices continuing to increase and the conforming 30-year mortgage rising above 7% in July, the purchase market is in a holding pattern, Black Knight said.

Looking to insurers for growth, the asset managers seek NAIC look-through to lower risk-based capital.

Drew Neslin is head of ancillary benefits solutions at BCS Financial.

Mark Haessly is the managing director of product management at HSA Bank, a division of Webster Bank.

The current pool does contain personal loan renewals, and they remain in the pool as eligible collateral during a three-year revolving period.

The issue has the potential to be upsized to $1.84 billion, and rating agencies say it has about 7.4% in credit support from hard credit enhancement and excess spread.

Shahar Silbershatz is the CEO and co-founder of Caliber, a Copenhagen-based brand and reputation analytics firm.

The three former Washington Federal Bank for Savings board members were accused of giving the OCC false information in an attempt to hide embezzlement. They could face up to five years in prison for attempting to deceive the OCC.

John Gamboa is chairman of the Community Consumer Defense League, a coalition or organizations working to protect low-income consumers of color. Mr. Gamboa was previously a member of the Federal Reserve Board's Consumer Advisory Council.

Adam Briones is CEO of California Community Builders, a nonprofit public policy organization working to close the racial wealth gap through housing and homeownership.

The special assessment to refill the Deposit Insurance Fund should be based on uninsured deposits after the failures of Silicon Valley Bank and First Republic Bank, House Republicans said.

Eileen O. Pincay, R.Ph., is vice president and national pharmacy practice leader at Segal.

The bank continues to support securitizations of esoteric assets, including rental car leases, consumer loans, triple-net leases, small business loans, and whole-business revenues.

A shortage of listings has pushed up prices, boosting the total value of US homes to a record $47 trillion, Redfin reported.