The recent AI spending and investing boom has helped prop up the global economy amid the strains caused by high interest rates, the Iran war and tariffs, the Bank of International Settlements said in a report published Sunday. But if left unchecked, the increasing deployment of AI could also cause the next major economic collapse, […]

Increased volume in non-qualified mortgage securitization activity is being supported by the growth of “fumbo” loans — fake jumbo mortgages — this week’s report from Bank of America Securities said. Processing Content The non-agency portion of the report said non-QM production is on track to have its most volume since the Great Financial Crisis. The

A pool of 835 mortgage loans, including those that are first- and second lien, adjustable-rate and fully amortizing, will back $343.9 million in notes coming to market from sponsor Park Capital Management. Processing Content PRKCM 2026-AFC4 Trust is expected to issue the notes through about 11 tranches of class A and B notes, when it