Second-lien mortgages make up the collateral pool. Those assets normally have a high expected loss severity, but the ...

Purchase locks decreased 1.5% last month, following seasonal trends, while rate-and-term refinances dropped 14% month over ...

In addition to that subordination, the deal structure includes cash trap and sweep conditions to support cash flow to the ...

Senior notes are supported by an interest reserve account, and class A2 notes have a scheduled annual amortization of 1.0% ...

Jamaica's cat bond success could spur issuer and investor interest in the product, especially after Beryl failed to trigger ...

Federal Reserve Governor Stephan Miran said emerging stresses in housing and private credit markets warrant a reduction to short-term interest rates. While preferring a 50 basis point cut in December, ...

A trade group for participants in the clean energy loan program argues the upcoming regulations will be too burdensome and ...

ABCLN 2025-B also benefits from a line of credit sized to cover up to five months of missed interest payments in the event ...

Federal Reserve Vice Chair Philip Jefferson said that as interest rates have moved toward a more neutral level, "it makes ...

Lawmakers urged the Fed to retain the current weighting of the p-factor in the context of securitizations, over a level that ...

Michael Barr said he believes artificial intelligence will have a positive long-term impact on the economy, though it may ...

Despite record loan applications, Upstart's AI pulled back, causing a revenue miss and raising "incremental uncertainty" ...