Servicing practices that unnecessarily increase what a borrower owes can contribute to delinquencies. But other misconduct, such as inaccurate credit reporting, can have more insidious effects on a borrowers financial health.
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Fannie Mae has made three selling guide changes aimed at helping the growing number of borrowers with student debt qualify for home loans, and may begin testing other similar proposals related to this goal.
April 25 -
President Trump and Consumer Financial Protection Bureau Director Richard Cordray appear locked in a game of chicken over his continued leadership of the agency
April 24 -
Napier Park to issue 1st CLO of year; Moody's expects CLO refi activity to remain strong; S&P puts gobal corporate default tally for 2017 at 30, including 23 in the U.S.
April 24 -
Goldman Sachs is marketing a $465 million of commercial mortgage bonds backed a portfolio of 10 office properties in Houston, Texas.
April 24 -
Online consumer lender Avant continues to boost quality of its underwriting, and this is helping to reduce its funding costs.
April 24
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Renovate America launches $268 million of bonds backed by Property Clean Energy Assessements; Calibur Home Loans returns with non-prime RMBS, and three more collateralized loan obligations refinance.
April 24 -
A $26 million settlement by Santander Consumer is shining a light on the hard-to-measure problem of auto dealer fraud, while also raising questions about the adequacy of lenders' efforts to combat bad behavior
April 24 -
Caliber Home Loans next non-prime mortgage securitization is nearly twice as large as its previous deal, completed in December.
April 21 -
Charles Citro joined the Morningstar Credit Ratings this week as managing director for commercial mortgage-backed securities ratings and analytics
April 21 -
Issuance volume of asset-backed securities for the year through April 21, 2017.
April 21 -
Student loans are showing signs of growing too fast, perhaps the only market flashing a warning even as the economic recovery grows older, Citigroup Chief Financial Officer John Gerspach said
April 21 -
Dell and Ascentium launched a pair of equipment lease securitizations; NextGear readies notes backed by auto dealer inventory financing; Consumer Portfolio Services closes on auto ABS.
April 20




