Commercial banking

The required yield supplement overcollateralization (YSOA) is 9.65%, up from 9.30% in YSOA on the TAOT 2023-A.

Underwriting league tables of asset-backed securities through August 10, 2023

Issuance volume of asset-backed securities for the year through August 10, 2023

Repossessions registered both monthly and annual increases, though, according to Attom.

The delivery of immediate cash value to WMC stockholders was one of two points that solidified the deal.

PHH Mortgage will service all of the loans in the pool, for an annual fee of 0.20%. For its part, Velocity will act as special servicer on loans that become delinquent for more than 60 days or default.

Jonathan Boylan is a 30-year veteran of insurance and financial technology. He is the Chief Technology Officer of FINEOS, a leading provider of Life, Accident and Health insurance solutions to over 60 insurers in North America, EMEA and APAC. In the last 20 years, Jonathan has played a leading role company's growth from a startup to becoming a publicly traded company with over €120m in annual revenue. While leading technology throughout the period, Jonathan took on additional responsibilities to support growth including establishing product management and leading marketing. As such, Jonathan has spent much of his time supporting the acquisition of new customers in new and existing markets, both directly in the sales process and in broader thought leadership. More recently, he worked to select acquisition targets which led to the successful acquisition of Limelight Health and Spraoi by FINEOS. In his spare time Jonathan has volunteered his time to support the Irish Software Association, Tech Ireland, Alexandra College and SciFest.

Tim Urbanowicz, CFA, is the head of research and investment strategy for Innovator Capital Management.

Prior to joining Innovator, he was a senior investment strategist for Northern Trust, serving as a subject matter expert on global markets and portfolio construction. Prior to joining Northern Trust, he served as the director of fixed income ETFs and head capital markets strategist for Invesco.

The latest offering will get Citadel Securities closer to its long-held ambition to become a primary dealer — a designation the Federal Reserve typically bestows only to firms active across all types of Treasury securities.

J.D. Crouch is the CEO and president of the United Service Organizations, a private nonprofit organization dedicated to strengthening America's military service members by keeping them connected to family, home and country throughout their service to the nation.

Maria Tsennykh, Ph.D., is a principal at CLA in New York. She has more than 17 years of experience in valuation, forensics, litigation, investigations and audit, including serving as an expert witness and 11 years at a Big Four firm. In addition, having worked on two continents, she combines her economic, accounting, corporate finance, valuation and investigation backgrounds to advise clients on a variety of complex circumstances in the U.S. and internationally. Her experience includes damages analysis, assessment of corporate governance practices and internal controls, business and intangible assets valuation, and international arbitration advisory. She also regularly directs large-scale financial investigative assignments including forensic accounting investigations, financial fraud investigations, financial reporting investigations, white-collar crime investigations, corporate governance investigations and investigations involving the Foreign Corrupt Practices Act (FCPA).

Two series of notes, both of which feature highly diversified pools, will come to market simultaneously.

Alejandro M. Agenjo is a Madrid-born engineer, psychologist, and entrepreneur whose passion is understanding people and improving communities and their systems. He was named one of the top social entrepreneurs in 2019 for his ed-tech startup seeking to detect students' strengths and learning styles to improve learning and future opportunities. Today, he's the proud co-founder and CEO of Erudit, an AI SaaS empowering executives with real-time workforce insights to drive better decisions and to build healthier work communities.

Payment certificates from as many as 14 Chilean electricity-generating entities will collateralize the notes, and benefit from a Chilean government guarantee.

But its operating income missed estimates with servicing income and gain-on-sale margins coming in lower than expected.

The agency's president, Alanna McCargo, called the nonbank liquidity issue "the biggest of our time," while speaking at the Bipartisan Policy Center Tuesday.

Synovus Bank — whose parent company is Synovus Financial — sold the $373 million portfolio to private credit funds and accounts managed by KKR.

Erika Duncan is a human capital consultant at UHY Advisors.

The collateral had a WA FICO score of 780. Classes A, B, and C notes had credit enhancement levels of 23.5%, 19.5%, and 16.1%, respectively.

Pedro Martinez is the CIO & CISO of Zenus Bank.