Commercial banking

Loan sizes are only $477.50 on average, while borrowers attached to the contracts have weighted average FICO scores of 727.

With over 25 years of experience, Tracie is a seasoned professional in the insurance industry, with experience across a diverse range of products and disciplines. Beginning her career in Australia, Tracie has since worked in various regions around the world, where she has held many influential global executive positions, namely in Aon and AIG. Tracie's extensive experience across the value chain of the insurance industry solidifies her beliefs of the important impact insurance has on the world.

Tracie is now part of the leadership team at global insuretech provider Cytora where she draws on her industry background to help define how Cytora delivers technology that supports how (re)insurers operate.

The proceeds from the deal will recoup costs for repairs on energy infrastructure damaged after Hurricane Helene in 2024.

Peter Piotrowski is Hippo's Chief Claims Officer. He and his team provide Hippo customers with a technology-enabled, industry-leading claims experience. Pete is a key member of Hippo's executive team and possesses an intimate knowledge of claims management, loss prevention, and mitigation strategies essential to supporting customers when they need it the most. Pete previously served as Chief Claims Officer at Vault and held leadership roles at The Hanover Insurance Group, AIG, and Chubb. He earned a BS in Business Administration and Management from Montclair State University.

A 50-year mortgage would make borrowers susceptible to higher interest rates, significantly more payable interest and slower equity gains, LendingTree analysis showed.

Donna Roughan is CEO of Accountests. A Chartered Accountant, she brings 22 years of accounting and business advisory experience, including as a director with PwC New Zealand and as a CFO.

Vitaliy Shtyrkin is the chief product officer of B2BINPAY, an all-in-one crypto ecosystem for business.

The securities will mainly hold dollar-denominated floating-rate loans made to US companies. The unit aims to launch the fund in January.

Fed Gov. Stephan Miran has spent his short tenure at the central bank arguing that disinflation in housing and immigration reforms will tamp down inflation in the near term. But other economists say the timing, degree and context of those effects is very much in question.

SEMT 2025-12's collateral profile is slightly weaker compared with the prior transaction, with a slightly lower weighted average FICO score.

The Consumer Financial Protection Bureau Thursday will publish a revamped version of its Section 1071 small business data collection rule, dramatically scaling back the data to be collected and the number of lenders who must comply.

MP 2025-1's loan-to-value ratio will not exceed 70% of aggregate appraised value. To maintain this leverage level, the deal will also collect supplemental principal payments.

Federal Reserve Bank of Atlanta President Raphael Bostic won't seek reappointment following the end of his current term on Feb. 28, 2026.

While the figures show a decrease in growth from the prior year, when the value of the securitizations rose 23% to about $572 billion, it still underscores the rapid pace of synthetic risk transfers expansion.

Second-lien mortgages make up the collateral pool. Those assets normally have a high expected loss severity, but the borrowers appear to be of prime credit quality.

Rate-and-term refinances dropped 14% month over month in October, but were still up 143% from last year.

The Department of Justice told a court that the Consumer Financial Protection Bureau cannot legally request funding from the Federal Reserve System, arguing that the Fed has not turned a profit since 2022 and thus cannot fund the CFPB.

John O'Connell is founder and CEO of The Oasis Group, a consultancy for the wealth management industry.