The notes are being issued from a a master trust collateralized by over $1.4 billion in corporate leases originated and serviced by Donlen Corp., which Hertz acquired in 2011.
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JPMorgan Chase has largely sat on the sidelines of Federal Housing Administration lending due to compliance concerns. But recent regulatory relief efforts have Chase Home Mortgage CEO Mike Weinbach eyeing an opportunity to jump back in.
May 21
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The online lender was able to lower the credit enhancement (again) on its latest securitization of consumer installment loans, the $221.9 million Avant Loans Funding Trust 2018-A.
May 21
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Monthly repayment rates, a key credit metric, are improving, but Ally Financial's second dealer inventory financing transaction of the year includes fewer dealers from its highest-ranked internal credit tier.
May 18
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Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers.
May 18
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Although the Consumer Financial Protection Bureau is loosening certain mortgage rules, others such as restrictions on loan officer compensation and state-level regulation will likely persist, according to industry attorneys.
May 18
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The $770 million transaction is also more concentrated in terms of obligors than MassMutual's prior deal, though more of these corporate obligors have investment-grade ratings, resulting in a lower WARF.
May 18
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Test your knowledge of the secondary mortgage market with this quiz of key industry abbreviations.
May 18
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Affinity's NREIG unit will become OwnAmeria's preferred insurance provider; landlords who list their portfolios will be able to apply for insurance directly from the trading platform.
May 18
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The closed-end fund, a major investor in CLO equity. directed resets of four deals that it controls in the first quarter; this helped end a yearlong slide in its weighted average portfolio yield.
May 18
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The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months.
May 17
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Industrywide, car sales were down last year, but there were record purchases of Civics and brisk second-half sales of the redesigned Accord; this is reflected in the model concentrations of HAROT 2018-2.
May 17
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The commercial real estate lender, which is controlled by Canadian and Singapore sovereign wealth funds, included some unusual features in the deal, such as a two-year revolving period.
May 17
