Largely strong credit qualities were offset because by loans on single-family homes in the pool dropping by 0.5%, and that the percentage of loans that received due diligence decreased by 0.4%.

American Banker research highlights growing concerns about an economic downturn, regulatory volatility and open-banking risks.

With limited seasoning and primarily a clean payment history, OBX 2026-NQM1 had a seasoned probability of default of 33.3% among the AAA stresses and 11.4% among the B.

Federal Reserve Bank of Richmond President Tom Barkin said economic uncertainty should ease in the coming year as businesses gain confidence in sustained demand and adapt to the new policy environment.

Keefe, Bruyette & Woods attributes Fannie Mae and Freddie Mac portfolio growth for the narrower spreads, but other reasons include lower volatility.

Initially, all the class A notes will benefit from total hard credit enhancement that represents 6.10% of the note balance, and the components give the notes a strong credit boost.

Minneapolis Federal Reserve President Neel Kashkari said on CNBC that both sides of the central bank's dual mandate show signs of imbalance, with the labor market appearing more vulnerable.

The pool of mostly multifamily properties has a cap rate of 9.49%, and an LTV rate of 75.1%.

The dollar volume of unsecured consumer loan rose dramatically. But as consumer lending rises, so do the default risks.

Despite a limited representation and warranty framework, the entire pool has experienced third-party due diligence, which reduces the risk of future violations.

When Congress returns from its recess in 2026, a number of financial legislative issues will be teed up, including crypto market structure, deposit insurance and supervisory disputes.

National home prices grew monthly and annually in October, but considerably less than last year, according to S&P Dow Jones Indices.