Originators applied bank statement, full documentation and profit and loss documentation in their underwriting.

So-called wet loans can be included in the transaction, and the servicer will have limited opportunity to deal with them ...

Credit Acceptance is preparing to sponsor sells $500.18 million in securitized bonds from the Credit Acceptance Auto Loan Trust, 2025-1 transaction, secured by a pool of retail non-prime auto loan ...

The impact of tariff policy on the mortgage-backed securities market is likely to surface first in the cost of new housing ...

The underlying prime mortgages have an average balance of $358,024, a weighted average (WA) original FICO score of 776, an ...

Less than 1% of IPv4 addresses is available to brokers or IP address lessors globally, and Cogent already controls part of ...

SFR2 and 2025-SFR3 are due to close by the end of April and count single-family homes as their primary collateral.

Chana R. Schoenberger is the editor-in-chief of American Banker. Previously, she was the editor-in-chief of Financial ...