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Fixed-rate loans and lease contracts on medical, trucking and transportation equipment will provide collateral for $582.3 million in asset-backed securities (ABS) from the North Mill Equipment Finance, series 2025-B. North Mill Equipment Finance is sponsoring the deal, its second equipment securitization of the year, and is the servicer of the securitized pool, according to Moody’s […]

Some of Loandepot’s finances are moving in the right direction but the company remains mired in the red.  The lender and servicer Thursday disclosed a $25 million net loss for the second quarter, after posting a $40.7 million net loss in the first quarter. It’s a marked improvement from last spring, when the company factored

Guild Mortgage saw profits and business volume return to the upside in the second quarter in one of its final earnings reports issued as a publicly traded company.  The San Diego-based lender and servicer posted net income of $18.7 million for the three-month period, improving from a $23.9 million loss at the end of the