Federal Reserve guidance issued in 2023 has opened up depositories to issue more synthetic-risk transfer securitizations in a market that was historically dominated by European banks.

The new requirements, and the shutdown, are expected to further delay the release of CDFI Fund awards that have already been approved.

Downgrades of securities issued by the subprime auto lender highlight the challenges ABS investors can experience working with loan originators who also service their own production.

California and Massachusetts are the latest states to consider securitization as a way to reduce consumer energy bills.

Homeowners are tapping their equity to pay off consumer credit debt and student loans.

The lender sees major opportunities to increase mortgage volume by reaching out to borrowers who speak only Spanish or have limited English proficiency, even as HUD pulls back on translation services.

Officials at MISMO believe that the e-Eligibility Exchange has helped mortgage lenders overcome counterparty approval challenges for use of eNotes.

DART is a lien and eNote registry built on the Provenance blockchain.

Figure has big plans for its loan registry, positioning it as a competition to MERS. To this point, though, Figure’s blockchain-powered DART registry has been used only in its internal platform.

Larger credit unions are increasingly acquiring community banks and reducing mortgage lending in local communities, according to the Independent Community Bankers of America.