Activity in Figure Technology Solutions’ consumer loan marketplace more than doubled over the past year, the company reported, also noting interest coming from a host of partners on its exchange platform. Processing Content The fintech reported $4.26 billion worth of volume in the consumer loan marketplace, with activity rising 47% from the first quarter’s $2.9 […]
Figure’s consumer marketplace volume more than doubles Read More »
Agency mortgage-backed securities issuance activity in June was hampered by a decline in refinance volumes, although for the full second quarter it was up over the previous period, a report from BTIG said. Processing Content The industry had a 3% decline in agency issuances to $118.5 billion. But for the companies BTIG covers — loanDepot,
Agency MBS issuance slows in June on fewer refis Read More »
OceanFirst Financial and asset manager 400 Capital Management are promoting a strategy that offers a variation on credit-linked notes regional banks have increasingly used as a means of obtaining mortgage capital relief in the U.S. market. Processing Content The companies applied the structure, which 400CM said appears to be the first fund-issued, rated, significant risk-transfer
Bank uses a twist on credit-linked notes for capital relief Read More »