The March estimates for payrolls of nonbanks involved in home lending confirm widespread anecdotal reports of industry layoffs, but strength in broader financial-services hiring could pick up the slack.

Entergy Louisiana’s system restoration property encompasses a large service territory that spans 58 parishes, serving about 1.1 million electric customers.

Multiple factors have slowed residential sales, tightening the market for home loans for banks and credit unions.

Virtually the entire portfolio, or 92.2% of the collateral pool, was underwritten using personal and business bank statements, or profit and loss statements.

The San Francisco bank is following the lead of other U.S. megabanks by providing shorter-term targets ahead of 2050 climate pledges.

The move supports strong gains coming in from this side of the business, which helped the company return to profitability in the third quarter.

Global Jet Capital will use some of the proceeds to redeem notes from BJETS 2019-1. Accelerated principal payments are among credit enhancements for BJETS.

The Federal does not plan to reinvest maturing securities, so if maturing balances are lower than those being capped, then the runoff pace might be slower.

Multiple originators outside of Angel Oak contributed to the pool, but none represented more than 16% by percentage of the pool balance.

Purchase numbers came in higher for both conventional and government activity, while the average loan amount shows signs of easing.

While first-quarter profits were up considerably, CEO Michael Nierenberg said the company will offer more products to counter market conditions that are “only going to get worse.”

A strong capital structure boosts confidence in the timely payments of the notes, including provisions to mitigate negative carry.