As the automotive ABS market sees record issuance, U.S. Bank has begun marketing a credit-risk transfer transaction backed by $2.46 billion in prime auto loans.
Expanded-credit mortgage originations declined by 8.0% in the third quarter, continuing a downward slide that started earlier this year. (Includes data table.)
LoanNex reported an increase in non-QM pricing scenarios in October as borrowers are more willing to lock loans in the current interest rate environment.
The FHFA increased the baseline conforming loan limit by 5.6% for 2024, while new research finds increasing conforming loan limits impacts home prices and loan volumes.
A group of 20 servicers tracked in our rankings increased total nonprime servicing volumes by 11.1% on an annual basis as of the end of September. (Includes data table.)