Baby Boomers' annuities purchases continue to fuel banks' lending to collateralized loan obligations, asset-backed securities and special purpose entities.
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The underlying portfolio consists of 608,810 contracts, with two thirds of the cash flow supporting the transaction from a wholesale agreement that includes T-Mobile.
2h ago -
The Consumer Financial Protection Bureau and its union filed legal briefs Friday after a district court judge asked if a preliminary injunction aimed at preventing a mass layoff is still in effect.
9h ago -
Fortress has been one of the most active home equity investment firms in November, investing $1 billion in Cornerstone.
December 1 -
If cumulative loss or a delinquency trigger event is in effect, then the deal will distribute principal among the class A notes before any principal allocation the class M1 or class B certificates.
November 26 -
After three consecutive weeks of increases, the 30-year fixed mortgage rate dropped 0.3 basis points to 6.23% this week, according to Freddie Mac.
November 26
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The underlying portfolio consists of 608,810 contracts, with two thirds of the cash flow supporting the transaction from a wholesale agreement that includes T-Mobile.
2h ago -
The Consumer Financial Protection Bureau and its union filed legal briefs Friday after a district court judge asked if a preliminary injunction aimed at preventing a mass layoff is still in effect.
9h ago -
Fortress has been one of the most active home equity investment firms in November, investing $1 billion in Cornerstone.
December 1 -
If cumulative loss or a delinquency trigger event is in effect, then the deal will distribute principal among the class A notes before any principal allocation the class M1 or class B certificates.
November 26 -
After three consecutive weeks of increases, the 30-year fixed mortgage rate dropped 0.3 basis points to 6.23% this week, according to Freddie Mac.
November 26 -
New private-label bonds collateralized by loans made outside the qualified mortgage definition hit highs for the month, quarter and year, CreditFlow data shows.
November 24 -
On a weighted average (WA) basis, the collateral mortgages have a slightly higher leverage level than previous transactions, although moderate, with an original loan-to-value (LTV) ratio of 71.9%.
November 21






