KBRA Assigns Preliminary Ratings to FHF Trust 2022-1

NEW YORK – (BUSINESS WIRE) – KBRA assigns preliminary ratings to three classes of notes issued by FHF Trust 2022-1 (“FHF 2022-1”), a subprime auto loan asset-backed securities transaction. FHF 2022-1 will issue three classes of notes totaling $ 150.0 million. The transaction has initial hard credit enhancement levels ranging from 19.55% for the Class … Read more

1 Exceptional Growth Stock Down 76% to Buy Right Now

This has been a lousy year for growth stock investors. The iShares S&P 500 Growth ETF has tumbled a stunning 16% since the beginning of 2022. Rising interest rates meant to slow down runaway inflation were already making markets nervous about richly valued growth stocks. To make matters worse, Russia invasion of Ukraine unplugged both … Read more

Spring Cleaning: CFPB Dusts Off “Dormant” Authority to Supervise “Risky” Conduct by Nonbanks | Cadwalader, Wickersham & Taft LLP

On April 25, 2022, the Consumer Financial Protection Bureau (CFPB) announced plans to revitalize its authority to examine “nonbank” financial companies that pose risks to consumers. Though the CFPB has held this authority since its creation in 2010, the agency has rarely invoked it, leaving it largely “dormant.” The CFPB’s announcement marks a possible reversal … Read more

Five questions shaping a confounding US economy

The US economy is in uncharted waters as its rapid recovery from the coronavirus recession runs into new obstacles. The April jobs report released Friday showed just how strong the economy has remained two years into a stunning comeback from the steepest decline since the Great Depression. The economy added 428,000 jobs, beating economists’ expectations, … Read more

DeFi Market – Technology & Vendor Assessment (Vendor Summary Profiles, Strategies, Capabilities & Product Mapping & Regional Economic Analysis) by MDC Research

Market Data Center North American Decentralized Finance (De-Fi) Market To Acquire Numero Uno Position By 2030 Pune, May 06, 2022 (GLOBE NEWSWIRE) – Decentralized finance uses cryptocurrency and blockchain systems to effectively manage financial transactions that include a slew of banking transactions. In the recent era, many trading, banking, and lending activities are proficiently handled … Read more

OFG BANCORP – 10-Q – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS – InsuranceNewsNet

Please read the following discussion and analysis of our financial condition and results of operations together with the “Selected Financial Data” and our consolidated financial statements and related notes included under Item I, “Financial Statements” of this report on Form 10-Q. This discussion and analysis contains forward-looking statements. Please see “Forward-Looking Statements,” “Risk Factors,” and … Read more

A New Frontier of Fraud: Synthetic Identity Fraud

Something scary is coming. It is already all around us, in fact. It is half-machine, half-man, and here to trick organizations into opening its doors and welcoming it in. It is… synthetic identity fraud! Okay, it’s not quite as dramatic as cyborgs, but these fraudulent identities — combining details from real people with made-up information … Read more