Taxi loans are under pressure from ride sharing services, so Medallion Financial plans to start originating loans on behalf of digital lenders.
More From Asset Securitization Report
Wall Street’s AI debt machine is starting to choke on supply
Yields are soaring into the double digits on bonds and loans funding the AI infrastructure buildout. Bankers are finding it more difficult to offload risk to insurers and other investors.
Balbec Capital leans toward multifamily as underwriting standards shift
Incentives structure and fewer losses drive commercial real estate collateralized loan obligation issuance over conduit commercial mortgage-backed securities.
By
John Hintze
Bessent puts GSE exit on 2027-2028 agenda, boosting shares
The Treasury official's comments increased the price of the government-sponsored enterprises' stock even though he indicated there would be no near-term reform.
America’s Car-Mart in talks for sale as subprime auto struggles
Discussions center around a deal that would be executed through a court-supervised Chapter 11 sale process or via a shareholder vote.
SFA spearheads partnership to create digitized ABS doc platform
VeriCORE's development follows two bankruptcies in the auto lending and ABS sector, amid fraud allegations, that highlighted the need for strong collateral controls.
