OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) today announced the closing of a $243 million securitization backed by a pool of proprietary reverse mortgage loans, all of ...

Figure Technology Solutions is acquiring AI-driven lending platform Kiavi for $717M, combining blockchain securitization with ...

Joseph Cioffi and Nicole Zatserkovniy of Davis+Gilbert LLP examine a lawsuit involving subprime auto asset-backed securities ...

BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that its joint venture, Newtek-TSO II Conventional Credit Partners, LP (“Newtek-TSO” ...

Truist Financial Corporation TFC is strengthening its position in commercial real estate (CRE) finance through the launch of ...

Oxford Finance LLC ("Oxford"), a leading specialty finance firm that provides senior debt to a variety of businesses worldwide, today announced the closing of a private placement transaction involving ...

Banking organizations looking to reduce the amount of risk-based regulatory capital required to support residential mortgage loan portfolios can use synthetic securitization to convert the capital ...

TYSONS, Va., Aug. 29, 2022 /PRNewswire/ -- PenFed Credit Union, the nation's second-largest federal credit union, today announced the closing of their inaugural prime auto loan securitization offering ...

Avant, a leading financial technology company, today announced the successful close of its latest personal loan securitization, a $200 million transaction that marks its first-ever deal to receive AAA ...

Loan servicing can be done by the issuing bank, a non-bank specialist, or a third-party vendor. Loan servicing may also refer to the borrower's obligation to make timely payments of principal and ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Chip Stapleton is a Series 7 and Series ...