Principal will be distributed pro rata among the senior A1 through A3 certificates, and subordinate bonds will not receive any principal until all senior classes are reduced to zero.

Monthly excess spread will confer credit enhancement to the notes, KBRA said, and while it will be released it will not be ...

A securitization of a securitization is on the way to investors, as CLIF Holdings prepares to issue $145 million in bonds ...

While the 30-year average has hovered near the same level for weeks, the past year brought with it promising trends that may ...

While heeding Fed Chair Powell's thinking to take employment numbers with a grain of salt, fixed-income professionals still ...

The acquisition forms the eighth largest mortgage servicer nationwide, with a combined $400 billion in mortgage servicing rights.

The senior notes will build hard credit enhancement levels over time because classes B through G will be locked out of ...

The industry expects resilient market conditions and fewer defaults, plus cheaper financing that supports M&A activity and ...

After home equity surged in 2023, average gains slowed last year before falling into negative territory over the past 12 ...

November rate locks fell seasonally but hit their strongest level since 2021, led by refis, while lenders shifted more loans ...

PMT 2025-CNF2 is not required to provide advances of schedule interest and principal on loans that are delinquent by 120 days or more.

The home equity investment provider first approached the securitization market in July 2024 to raise $217 million.