Key insight: As written, new capital standards for U.S. banks fail to account for the additional risk posed by many home loan clients who obtain second mortgages. Fixing the problem will significantly reduce the rule’s benefit to banks. What’s at stake: The new capital standards create incentives to move second liens off bank balance sheets […]
Banking regulators missed a major loophole in proposed capital rules Read More »
Mortgage rates moved lower again today following another lower-than-expected reading on an inflation report. Yesterday’s Consumer Price Index (CPI) had a bigger impact on the underlying bond market, but today’s Producer Price Index (PPI) wasn’t far behind. Additionally, bonds did a better job of holding onto the improvement into the afternoon hours. This allowed mortgage
Mortgage Rates Fall to Lowest Levels in a Week Read More »
Apollo PK Air Management is seeing the launch of its sixth aviation loan securitization this month, raising an expected $890.9 million from the capital markets. Processing Content The transaction, PK ALIFT Loan Funding 9 will use the proceeds to buy a portfolio of 42 loan facilities, made up of 110 loans. A majority of them
PK ALIFT expected to raise $890.9 million in ABS Read More »