A positive employment report, robust consumer spending and Fed comments on inflation counter measures drove rates upward.

Fannie Mae and Freddie Mac asked originators to resubmit applications that contained errors and adjust sold mortgage information due to incorrect life-of-loan representations and warranties.

Investors in the senior classes of the capital structure will receive principal and interest payments sequentially, beginning with class A, until class E2 receives all of its principal and interest.

Elevated prices coupled with higher mortgage rates are leading to affordability challenges that have reduced borrowing volumes.

The credit card issuer Synchrony Financial recently used FICO’s top competitor in a $1 billion deal. The choice is significant for VantageScore, but FICO remains the dominant credit score in the securitization market, according to analysts.

Delays in closing the deal after it was announced in August resulted in the parties' decision to remain separate, although they will still work together.

The trust will issue both taxable and tax-exempt bonds through the 2022A and 2022B series, respectively, according to S&P Global Ratings, which expects to assign ratings.

But for prospective buyers, soaring home prices in April pushed affordability closer to the all-time low set in June 2006.

The California tech giant's take on pay-in-four installment loans has a top-of-wallet positioning that banks and merchants are unlikely to be able to match.

The current deal has a discounted residual value of securitization of 54.8%, lower than the 56.8% present in the 2015-A pool.

The inability to include both types together in standard loan pools has been one of the hurdles to the adoption of digital collateral.

An American Bankers Association panel of experts predicted much slower economic growth, but agreed that the U.S. economy will avoid a recession over the next couple of years.