For two decades, the global investment firm allegedly mislabeled collateralized mortgage obligations issued by private entities as government or corporate bonds.

Kin Insurance issued a $335 million catastrophe bond last week, its largest offering to date.

Aircraft-lease ABS generally have low exposure to Spirit Airlines, and planes tied to Spirit are expected to be re-leased with little issue due to strong demand in the market.

American Airlines generated about $1.1 billion from the sale of enhanced equipment trust certificates. It will use the proceeds to purchase 17 new aircraft and refinance loans on 15 older aircraft.

The boost in originations typically seen during the second quarter won’t materialize this year, according to the CEO of Rocket.

Typically, when interest rates decline, as they did for much of the first quarter, retention rates increase. That wasn’t the case this time.

Industry attorneys said the Second Circuit ruling for the second time in favor of federal preemption, in contrast to First and Ninth circuit rulings, increases the odds that SCOTUS will have to revisit the issue.

Carrington Mortgage is set to acquire Valon Mortgage, which primarily operates as a subservicer with a focus on Ginnie Mae loans.

Young homebuyers using low- to zero-downpayment loans, usually government-insured loans, can’t compete with cash buyers for single-family homes.

Many top correspondent sellers of government loans increased sales by the double-digits in 2025 compared to 2024, while top seller Veterans United saw a decline. (Includes data table.)