Fitch Ratings said the most robust subprime auto ABS issuers will probably perform well even in a downturn, but several risks lie ahead for the sector.

The CFPB wants to create a public registry to track nonbank financial firms that have been cited by a federal, state or local authority for unfair, deceptive or abusive acts or practices. The goal: To add sunshine to the markets and enhance regulators’ supervisory efforts.

The bureau wants to publish the final orders against an offender in an online registry.

The New York regulator has ongoing investigations into other lenders in Buffalo, Rochester, Syracuse and Long Island.

The initiative provides local governments with expanded access to the CFPB’s complaint database...

The ratings service expects commercial MBS loan delinquencies will reach between 4.0% and 4.5% by year-end 2023. S&P Global Ratings, meanwhile, said CMBS delinquencies crept up 5 bps in November.

The bureau spent $378.0 million on salary and benefits in 2022...

Merchants Bank, among others, is seeking a summary judgment against Sprout...

Sprout Mortgage, which closed its doors in July, is facing at least four lawsuits from jilted business partners.