This week ASRs newscast covers Fitchs expectations of a slower improvement in mortgage-bond performance; a new far-reaching program from Santander & Citi for securitizing trade-finance assets; and TransUnions prediction of a continued rise in past-due payments on auto loans.
More From Asset Securitization Report
FICO holds price for commitments as Pulte plans more action
FICO announced it will maintain its mortgage industry price for credit scores through tri-merge resellers at $10 for members of its Preferred Program.
Mortgage rates near 7% but expected to ease by December
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
CDFIs file lawsuit against Treasury to release funding
A group of community development financial institutions are asking a federal court in California to compel Treasury to disburse funds from the CDFI Fund before they expire in September.
Data center boom shifts rural property valuations
As tech facilities push into lower income and rural housing markets, lenders navigate local growth without major impacts on home sales price trends.
Who would you give your money to, hyperscalers or the U.S. government?
There are two monster debtors out there — the AI industry and the U.S. government. Is the credit market big enough for the both of them?