Borrowers had an original FICO score of 774. A little over a quarter of the borrowers, 25.1%, are self-employed.
The private, pass-through structure includes elements of both public transactions and those with bank expertise.
The watchdog accuses Rocket Homes and The Mitchell Group brokerage of initiating a plan to generate origination business for ...
Economists say the U.S. economy is leaving 2024 healthy, with unemployment low, inflation manageable and growth robust.
In a December 13 report, the ratings agency noted it was upgrading 28 of the classes and confirming its ratings on the ...
Nonagency issuances are expected to increase 85% for this year over 2023, and rise another 36% in 2025, the second best since ...
In an increasingly crowded field, Nuveen, the investment manager of TIAA, has launched an exchange-traded fund (ETF) pooling ...
Unlike some recent RMBS deals, both exclude riskier interest-only loans and those supporting investment properties.
The Federal Reserve lowered its policy rate but signaled a more "cautious" approach to future cuts in light of higher ...
The deferred pay structure offers investors a premium over traditional residential transition loan securitizations.
Mortgage originators should expect more of those interest rate dips that took place in September, but when they happen is the ...
Northwestern Mutual Life Insurance Co. is refinancing an existing $426.3 million CLO that was originally issued in December ...