Garnet Capital Advisors - Garnet Capital Advisors Blog

Excerpt:

The PPP comes with plenty of risk, complexities, and compliance issues for institutions holding them. Banks may want to sell these assets to the many willing buyers out there to avoid this risk and see immediate gains.
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Pricing

Banks and Credit Unions Can Sell PPP Loans to Take Profit and Avoid Risk

July 16, 2020

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Many community banks have issued warnings about possible problem loans, which should prompt banks to get in front of potential problem assets while they still can.
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Warnings About More Problem Loans Should Prompt Banks to Take Action

December 11, 2019

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With defaults low thanks to lower interest rates, distressed debt continues to dwindle. Now is the time for banks to sell before any turn in the economy.
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Pricing

With Distressed Debt at Low Levels, Banks Are Selling at High Prices

July 11, 2019

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The leveraged loan market has grown significantly, becoming "covenant-lite" and increasing risks for lenders and investors.
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Pricing

What Investors Need to Know about the Growing Leveraged Loan Market

May 1, 2019

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It's a common misconception that selling loans only makes sense when credit is poor. In reality, banks and credit unions will find benefits to selling certain loans even when credit quality is good.
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Pricing Trending

The Business Case for Selling When Credit Quality is Good

March 14, 2019

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BankUnited of Florida recently received FDIC approval to sell a covered loan portfolio. The sale is expected to take place by the end of this year. Selling covered loans is a complicated process requiring the writing of a case for the FDIC, and FDIC approval. Garnet Capital is experienced in writing these cases and can help interested institutions both write the cases and sell the covered loans on the market.
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Selling FDIC Loss-Share Covered Loans in the Open Market? Here's How Garnet Can Help

November 26, 2018

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Pricing

Banks Selling Nonperformers Lead to Cleaner Mergers

April 24, 2018

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Pricing

Monitoring Loan Portfolios Can Help Banks Avoid Future Headaches

November 1, 2017

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Pricing

Valuing a Loan Portfolio: Looking Deeper Than a Spreadsheet

March 14, 2017

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Pricing Economy / Rates

Loan Growth Opportunities in 2017

January 27, 2017

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Pricing

Monitoring the Balance Sheet: Key to Banking Profitability

September 28, 2015

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Pricing

Stagnant Loan Portfolio Growth Results in Shrinking Profit Margins

September 1, 2015

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Pricing Economy / Rates

Banks Struggle to Increase Profits: Higher Interest Rates Are Not the Solution

August 25, 2015

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Pricing Trending Industry Outlook

Today's Economic Forecast? Partly Cloudy

August 19, 2015

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Pricing Consumer L.. C/O and BK

From Loan Sales to Higher Profits: Santander Takes an Aggressive Approach

August 11, 2015

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Pricing Residential

Competition in the Secondary Mortgage Market: Is Price Competition Possible?

August 11, 2015

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Pricing

Loan Portfolios Offer Growth Opportunities for Banks

July 1, 2015

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Pricing Trending

Banks Seek Portfolio Optimization in Low-Rate, High-Compliance Environment

July 1, 2015

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The mortgage industry has faced substantial criticism following the financial crisis, and many critics and government officials have pounced on the opportunity to disparage this particular sector. While these views have been growing less harsh, those looking to spearhead meaningful reform have encountered numerous challenges, according to American Banker.
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Pricing Consumer L.. Trending Regulatory.. Residential C/O and BK

Mortgage industry faces political hurdles in undergoing reform

April 29, 2015

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The banking sector has been benefiting from strong mergers and acquisitions activity, as economic conditions continue to improve and financial institutions look toward consolidation as a means of cutting costs, meeting capital requirements and even diversifying their businesses.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Bank M&A heats up

April 29, 2015

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While they are frequently identified as being competitors of banks, marketplace lenders have asserted repeatedly that they want to work with these more traditional financial institutions.
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Pricing Consumer L.. Trending Regulatory.. Commercial C/O and BK

Marketplace lenders can partner with banks

April 28, 2015

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Home Bancshares recently took an innovative approach to bolstering loan growth, buying nearly $300 million worth of national commercial real estate loans. The Conway, Arkansas-based bank was able to snap up this loan portfolio after Doral Bank's failure, purchasing it from private equity firm J.C. Flowers & Co.
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Pricing Trending Regulatory.. Commercial

Home Bancshares takes creative approach to loan growth

April 27, 2015

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Online lending marketplace Lendio recently raised more than $20 million through a funding round led by Napier Park Financial Partners. South Jordan, Utah-based Lendio, which uses innovative technology to connect small businesses with lenders, plans to use the money to enhance its relationships with lenders, invest in improving its online resources and expand its partnership program.
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Pricing Trending Regulatory.. Commercial

Lendio raises $20 million to invigorate online lending

April 27, 2015

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The valuations of technology startups have been surging as hedge funds and mutual funds pour money into this space in an effort to profit from the next big thing. Many institutional investors have taken an interest in technology startups, hoping to select the right ones and then profit when they hold an initial public offering.
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Pricing Trending Commercial C/O and BK

Tech startup valuations surge

April 21, 2015

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Puerto Rico's banking industry has undergone some seismic shifts in the aftermath of Doral Bank's failure earlier this year. While this troubled bank entered receivership, several competitors benefited from the situation, bolstering their market share by snapping up its branch locations, loans, deposits and mortgage servicing rights.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Puerto Rico banking industry faces uncertain future

April 16, 2015

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Sterling Bancorp, one of the largest lenders doing business in the payroll lending market, recently acquired Damian Services Corporation, which provides payroll-related services to staffing firms. By making this purchase, Sterling will grow its client base, expand its lending capacity and open up new possibilities to earn fees in specialty finance, according to American Banker.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Sterling Bancorp makes strategic acquisition

April 13, 2015

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The peer-to-peer lending market recently benefited from a move by the U.S. Securities and Exchange Commission to revise existing regulations, as this decision gave smaller companies greater ability to raise money and investors more flexibility to participate in this particular industry.
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Pricing Consumer L.. Trending Regulatory.. C/O and BK

P2P lending benefits from SEC decision

March 30, 2015

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While small business lending fell sharply after the financial crisis, there are signs this crucial activity is gaining steam. This development presents banks with new opportunity, but they should know the market has changed significantly, and many non-bank lenders have sprung up to fill the higher demand for small business loans, according to American Banker.
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Pricing Trending Regulatory.. Commercial C/O and BK

Rising small business lending presents great opportunity

March 28, 2015

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While lending activity has grown more conservative since the financial crisis, there is reason to believe this sector is once again running into trouble. More specifically, both auto and student loan debt saw their delinquencies track higher in the fourth quarter, and during the same time, household debt increased.
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Pricing Consumer L.. Trending C/O and BK

Credit markets show signs of weakness

March 26, 2015

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America's millennials could potentially represent a huge market for alternative banking, according to the results of the most recent FICO survey. Financial institutions looking to stay abreast of the latest shifts in the rapidly changing banking industry might benefit substantially from gathering further detail on these customer preferences.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Millennials a huge market for nontraditional lending

March 25, 2015

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Consumer Financial Protection Bureau Director Richard Cordray took a minute to delve into some of the agency's current concerns, as well as the disagreements its staff are having.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

CFPB's Cordray helps shed light on agency's plans

March 3, 2015

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Community banks need to either innovate or face extinction in the current environment, according to several industry participants who spoke at the American Bankers Association's National Conference for Community Bankers.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Community banks must innovate or perish

March 3, 2015

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Regulators shut down Doral Bank on Friday, Feb. 27, after the financial institution faced a string of challenges including a dispute surrounding a tax refund, government investigations and sharp declines in stock prices. The Office of the Commissioner of Financial Institutions of Puerto Rico announced in a statement Friday that it had appointed the Federal Deposit Insurance Corporation receiver.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Regulators close failing Doral

March 2, 2015

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Federal Reserve Chair Janet Yellen testified before lawmakers on Tuesday, Feb. 24, providing greater clarity on the central bank's timeline for boosting benchmark interest rates.
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Pricing Consumer L.. Commercial Residential C/O and BK

Yellen sheds light on interest rate outlook

February 24, 2015

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Many banks have been focusing on deposits in the current environment, building up these resources instead of taking on additional credit risk. This approach reflects a more conservative stance, as financial institutions are unsure when the Federal Reserve will opt to push its benchmark interest rates higher.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Banks turn to deposits ahead of Fed rate hikes

February 24, 2015

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Major banks, already facing a tough environment, have been encountering an additional headwind stemming from the dollar's sharp rally. The currency's recent appreciation, along with proposed capital guidelines, could make US banks seem bigger relative to their European counterparts.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Rising dollar creates another speed bump for major banks

February 23, 2015

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Doral Financial's problems only seem to be getting worse. While the Puerto Rico-based holding company was able to improve its financial position late last year by attaining a legal victory, it has been encountering rising pressure from regulators, according to American Banker.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Doral problems worsening

February 23, 2015

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Mergers and acquisitions activity involving banks has been increasing, and this momentum has grown to include not only smaller banks in the U.S., but also midsize and international financial institutions.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Bank M&A activity is heating up

February 18, 2015

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Banks could run into challenges generating revenue growth as their ability to tap into loan-loss reserves deteriorates.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Bank revenue under pressure

February 18, 2015

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Subprime lender Santander Consumer USA Holdings (SCUSA) recently announced a smaller provision for credit losses amid otherwise general concerns that deteriorating lending standards could impact credit quality. The company cut this reserve to $560 million in the fourth quarter of 2014 from $770 million during the prior period.
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Pricing Consumer L.. Trending

Santander Consumer USA optimistic about credit outlook

February 13, 2015

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Lending Club recently announced a partnership with Alibaba Group whereby the peer-to-peer lender will provide small businesses with lines of credit for purchasing Chinese goods through the e-commerce giant's online marketplace.
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Pricing Trending Commercial C/O and BK

Lending Club and Alibaba announce partnership

February 13, 2015

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Bank of America recently moved a $2.7 billion student loan portfolio to hold-for-sale status, chief financial officer Bruce Thompson told analysts during a conference call in January.
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Pricing Consumer L.. Trending Regulatory.. C/O and BK

BOA readies student loan portfolio for sale

February 12, 2015

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While many bemoan the challenges less-experienced borrowers face, San Francisco-based startup Earnest has been using an innovative new approach to assess their creditworthiness.
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Pricing Consumer L.. Trending Regulatory.. C/O and BK

Lending startup Earnest harnesses innovative underwriting approach

February 12, 2015

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BlackRock is planning to securitize loans purchased via internet origination channels.
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Pricing Consumer L.. Trending Regulatory.. Commercial C/O and BK

BlackRock looks to securitize purchased P2P loans

February 11, 2015

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New York Community Bancorp, Inc. has been generating many benefits by selling assets, keeping its balance sheet below the $50 billion mark and improving its financial results in the process.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

New York Community Bancorp strengthens balance sheet through asset sales

February 9, 2015

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The recent announcement that Los Angeles-based City National has agreed to be acquired by Royal Bank of Canada could be a game changer for other banks in the region, providing them with stronger opportunities to find clients or buyers.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

City National sale watershed event for Southern California banks

February 4, 2015

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Two groups of peer-to-peer consumer loans collectively worth more than $300 million recently obtained ratings from Moody's Investors Service, which represents a first because major credit ratings agencies have never before evaluated P2P securitizations.
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Pricing Consumer L.. Trending C/O and BK

P2P consumer loan bundles obtain rating from Moody's

February 3, 2015

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A handful of innovative banking startups have been working on creating lending algorithms that consider more than the traditional variables such as one's credit score. Amid this push, companies are developing risk evaluation methods that account for how much time an applicant spends reading terms and conditions or whether they only use capital letters when filling out forms, The New York Times reported.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Innovative startups focus on lending algorithms

February 2, 2015

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Banks are striving to generate loan growth amid stiff competition and low interest rates. At the same time, analysts and shareholders are pressuring these financial institutions to reign in their expenses where possible, according to American Banker.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Banks struggle to generate loan growth

January 29, 2015

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Many banks have been reporting falling interest income in the current environment of low rates and tight competition.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Banks suffer falling interest income

January 28, 2015

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Banks have had a hard time generating satisfactory earnings growth lately, and this difficulty could easily continue in 2015. Banks both large and small have suffered these challenges, as the major financial institutions and the regional ones have been reporting lackluster earnings so far this year. Legal costs and compressed loan margins are the major drags for the larger banks. Community banks are also feeling the pinch in generating good quality assets.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Banks face uphill battle with earnings

January 27, 2015

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U.S. economic conditions continue to improve at a time when the nation is benefiting from increased growth, falling energy costs and sustained job creation.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

US economic conditions enjoy continued improvement

January 21, 2015

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U.S. economic conditions have been steadily improving, and this development has helped bolster the performance of major banks such as Wells Fargo, whose executives have been rather vocal about how much faith they have in the nation's recovery.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Improving economic conditions increase loan volume and performance, for now

January 20, 2015

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The Swiss National Bank eliminated its cap on the euro-franc exchange rate Jan. 15, at a time when the global currency markets are experiencing sharp volatility and central banks across the world are using increasingly divergent monetary policy.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Swiss National Bank scraps peg to Euro amid economic uncertainty

January 19, 2015

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While many U.S. consumers have been benefiting significantly from sharply dropping oil prices, they may find they have even more money in their pockets after the Federal Housing Administration's recent decision to reduce its annual premiums.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Broad market developments could affect loan portfolios

January 13, 2015

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Fintech startup Larky has been taking an innovative approach with its mobile applications, marketing them directly to banks so they can be used to provide consumers with discounts and offers from local stores.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Innovative startup offers location-based consumer apps to banks

January 12, 2015

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The Consumer Financial Protection Bureau has been quite active in recent years, and there is no sign that this trend will stop in 2015.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

CFPB's agenda to remain ambitious this year

January 7, 2015

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Non-bank lender Progreso Financiero recently announced plans to change its name to Oportun - based on the Spanish word for opportunity - to reflect the value it provides to underserved Hispanic borrowers.
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Pricing Consumer L.. Trending

Progreso Financiero to rebrand itself as Oportun

January 6, 2015

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The banking industry is encountering various disruptive forces - including stiff regulations, the proliferation of online lending and innovative new lending activities - that bankers should monitor if they want to capitalize on existing opportunities.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Bankers can profit from being aware of disruptive forces

December 26, 2014

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American Banker recently named marketplace lending its Innovation of the Year.
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Pricing Consumer L.. Trending Regulatory.. Commercial C/O and BK

American Banker names marketplace lending Innovation of the Year

December 18, 2014

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While headlines have been filled with subjects about the rising cost of college education, the financial challenges of students are becoming less severe, a handful of reports stated recently.
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Pricing Consumer L.. Trending

Student loan borrowing slows, as net price of many colleges declines

November 24, 2014

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Distressed loan sale programs can help out homeowners, taxpayers and government organizations, but to generate these benefits, they must be set up in the right way, Sarah Edelman and Julia Gordon, who work for the Center for American Progress, wrote in a recent American Banker opinion piece.
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Pricing Consumer L.. Trending Residential C/O and BK

Distressed mortgage loan sale programs should be handled carefully

November 19, 2014

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While some banks may feel challenged by their constantly-changing environment, the situation grants them an opportunity to better their reputation and stand out from the competition, two experts wrote recently in an American Banker opinion piece.
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Pricing Trending Regulatory.. Commercial Residential C/O and BK

Rapidly-changing environment provides strong opportunity for banks

November 18, 2014

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As auto lending activity strengthens across the country, banks have been viewing it with fresh eyes, looking to this particular activity as an opportunity where they can potentially benefit from low default rates, attractive rates, short duration and significant demand.
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Pricing Consumer L.. Trending Regulatory.. C/O and BK

Auto lending provides banks with strengthening prospects

November 5, 2014

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U.S. Bancorp CEO Richard Davis has been offering some fairly rosy views of the economy, predicting that growth will accelerate sharply next year.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Major bank executive predicts economy will take off in 2015

October 23, 2014

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The revenue banks are generating from customer-account fees has dropped sharply, stemming from changes in consumer behavior and new regulations created to protect account holder interests.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Customer-account fee revenue plunges at banks

October 20, 2014

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The Office of the Comptroller of the Currency recently published final risk management and governance guidelines for major financial institutions, giving them different expected timelines for compliance based on their size.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

OCC finalizes heightened standards

October 20, 2014

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The value of many assets around the world - including real estate, stocks and bonds - has been rising, and several market participants have warned they have grown inflated and approach bubble status.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Asset values surge amid central bank stimulus

September 30, 2014

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Commercial lending has improved steadily over the last several years, but this recovery has certainly encountered some obstacles along the way.
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Pricing Trending Commercial

Commercial lending hits some speed bumps over the summer

September 25, 2014

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Credit union lending ramped up in May and June, according to recent reports from the Credit Union National Association.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Credit union lending heats up in May and June

August 26, 2014

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Fledgling startup companies could one day dominate the banking industry, financial expert Richard Magrann-Wells wrote in a recent American Banker piece.
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Pricing Consumer L.. Regulatory.. Commercial Residential C/O and BK

Startups could one day dominate the banking industry

August 26, 2014

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JPMorgan Chase recently caused a stir by announcing that utilization rates for its commercial credit lines moved higher in the first half of this year.
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Pricing Trending Commercial

JPMorgan's rising commercial utilization could signal pickup in growth

August 25, 2014

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As a result of hitting a critical point in its development, the market for Federal Family Education Loan Program loan sales may soon enjoy a sharp rise in activity.
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Pricing Consumer L.. Trending C/O and BK

FFELP loan sales may be poised to take off

August 21, 2014

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Bank mergers and acquisitions have surged lately, as the industry struggles to overcome numerous headwinds including a challenging compliance environment, higher capital requirements and the proliferation of alternative lending.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential C/O and BK

Bank M&A activity heats up amid myriad challenges

August 19, 2014

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U.S. auto lending warmed up in the first quarter, as the total loans of banks and thrifts climbed higher and delinquencies declined.
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Pricing Consumer L.. Trending C/O and BK

US Auto lending grows stronger in Q1

July 30, 2014

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Loan sales have been picking up steam in the U.S., as the rising interest in home equity loans and non-performing loan securitizations helps increase the value of such transactions.
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Pricing Consumer L.. Trending Residential C/O and BK

Loan sales heat up amid rising interest in home equity and NPLs

July 28, 2014

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In a recent report, the Office of the Comptroller of the Currency warned banks about the credit risk that is steadily accumulating because of their willingness to provide loans easily.
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Pricing Consumer L.. Trending Commercial C/O and BK

OCC warns banks about growing credit risk

July 15, 2014

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Certain mortgage lenders have been following more stringent requirements than those created by the Consumer Financial Protection Bureau in an effort to ensure compliance.
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Pricing Consumer L.. Trending Residential C/O and BK

Mortgage lenders cap broker fees below CFPB limits

July 9, 2014

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LendingClub Corp., the largest peer-to-peer lender in the U.S., has started preparing for an initial public offering, selecting major investment banks Morgan Stanley and Goldman Sachs Group Inc. to lead the sale, individuals familiar with the situation told The Financial Times.
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Pricing Consumer L.. Trending Commercial C/O and BK

LendingClub gearing up to go public, say insiders

July 1, 2014

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Nigel Morris, who co-founded financial services firm Capital One, recently joined the board of Prosper Marketplace, the parent company of peer-to-peer online loan marketplace Prosper.
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Pricing Consumer L.. Trending Regulatory.. C/O and BK

Capital One co-founder Nigel Morris has joined Prosper's board

June 24, 2014

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Many consumers have lackluster feelings about the economy or their household income, according to the results of a recent Fannie Mae poll.
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Pricing Consumer L.. Trending Commercial

Fannie Mae poll: Weak consumer sentiment hampers housing market

June 17, 2014

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Younger people are more likely to consider alternative banking, according to the results of a recent Accenture survey.
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Pricing Consumer L.. Trending Commercial Residential C/O and BK

Younger people far more open to alternative banking, says Accenture survey

June 13, 2014

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The federal government recently announced plans to make mortgage lending standards less stringent, hoping that doing so will help jump-start the housing market.
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Pricing Consumer L.. Trending Residential C/O and BK

Federal government agencies attempt to jump-start housing market by loosening standards

June 11, 2014

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The Bank Director's 2014 Risk Practices Survey recently provided some insight into the risk management challenges that lending institutions are facing.
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Pricing Consumer L.. Trending Regulatory.. Commercial Residential

2014 Risk Practices Survey details bank risk management

June 5, 2014

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The Consumer Financial Protection Bureau recently released a report on its supervision of non-bank activities.
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Pricing Consumer L.. Trending Residential C/O and BK

CFPB releases report on regulation of non-bank activities

May 28, 2014

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The auto loan portfolios held by credit unions grew at the fastest pace in 13 years durin?g March, according to data provided in a CUNA Mutual Group report.
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Pricing Consumer L.. Trending C/O and BK

Credit union loan portfolio growth surges to 13-year high

May 23, 2014

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Lenders identified Consumer Financial Protection Bureau mandates as their single greatest compliance challenge in a recent QuestSoft survey.
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Pricing Consumer L.. Trending Commercial C/O and BK

Lenders cite CFPB regulations as top compliance concern in recent industry survey

May 21, 2014

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Younger Americans have been paying down their debts, gradually lifting the burden off their shoulders in the aftermath of the recession.
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Pricing Consumer L.. Trending Residential C/O and BK

Deleveraging continues for youngest Americans

May 20, 2014

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Jobless claims recently fell to their lowest level in seven years, and this development could show the latest progress made by the labor market.
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Pricing Consumer L.. Trending Residential C/O and BK

Plunging jobless claims latest evidence of healing labor market

May 19, 2014

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Commercial and multifamily mortgage loan originations fell during the first quarter, according to figures contained in a recent Mortgage Bankers Association report.
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Pricing Trending Commercial C/O and BK

Commercial and multifamily mortgage originations decline in first quarter

May 15, 2014

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Household debt rose during the first quarter, according to figures provided in a report from the Federal Reserve Bank of New York.
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Pricing Consumer L.. Trending Residential C/O and BK

Rising household debt could provide boon to loan sales

May 14, 2014

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Mortgage applications surged during the week ending May 2, according to Mortgage Bankers Association figures.
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Pricing Consumer L.. Trending Residential C/O and BK

Mortgage applications rise during week ending May 2, MBA figures show

May 14, 2014

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Larger lenders have been approving a higher fraction of applications for small business loans, taking market share away from banks with a more modest scope.
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Pricing Trending Commercial C/O and BK

Big bank approval of business loans moves higher

May 13, 2014

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Home prices experienced a sharp year-over-year surge in March, according to data contained in a CoreLogic report.
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Pricing Consumer L.. Trending Residential C/O and BK

Home prices surge in March

May 12, 2014

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Many U.S. banks recently reduced their standards for mortgage lending, and this development could boost loan sales by increasing the availability of this type of debt.
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Pricing Consumer L.. Trending Residential C/O and BK

US banks lower lending standards

May 9, 2014

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Commercial and industrial loan origination moved higher during the first quarter, according to Federal Reserve data.
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Pricing Trending Commercial C/O and BK

Fed survey shows rising C&I loan origination

May 6, 2014

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A growing percentage of Americans are paying their credit card balances in full every month, according to a recent Gallup poll.
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Pricing Consumer L.. Trending C/O and BK

Many Americans paying credit card balance in full, says Gallup poll

May 1, 2014

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Homes values have been rising in several different metropolitan areas, and now many properties have prices that exceed the conforming loan values set forth by government programs.
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Pricing Consumer L.. Trending Residential

Declining affordability in certain cities could undermine loan origination and impact loan sales

April 30, 2014

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The Consumer Financial Protection Bureau recently released a report containing information on how consumers can use electronic methods to complete the paperwork involved in a mortgage closing.
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Pricing Consumer L.. Trending Residential

CFPB efforts to educate on home loans could strengthen mortgage market

April 30, 2014

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Lending standards could potentially weaken as housing prices continue to increase, Lindsey Piegza, chief economist for privately-owned brokerage Sterne Agee, stated recently.
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Pricing Consumer L.. Trending Residential

Economist: Lending standards could soften as home prices rise

April 29, 2014

Excerpt:

The total value of automobile loans outstanding rose in March, and the increased supply of this type of debt could bolster loan sales.
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Pricing Consumer L.. Trending

Rising auto loans could encourage loan sales by providing loans with shorter durations

April 29, 2014

Excerpt:

U.S. economic growth seems to be picking up, and this development could affect both loan origination and loan sales by bolstering the sentiment of consumers and the demand for credit.
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Pricing Consumer L.. Trending Residential C/O and BK

Stronger economic growth could bolster loan origination and impact loan sales

April 28, 2014

Excerpt:

Various measures of consumer confidence have shown strength lately, and the continued improvement in this sentiment could fuel more robust loan origination by increasing the demand for credit.
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Pricing Consumer L.. Residential C/O and BK

Continued increases in consumer confidence could mean more robust loan origination

April 25, 2014

Excerpt:

Strong durable goods order data for March showed the robust nature of the economy, and this continued improvement could help bolster loan origination by making consumers more confident.
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Pricing Consumer L.. Residential

Strong durable goods orders could bolster loan origination by increasing confidence

April 24, 2014

Excerpt:

New home sales dropped sharply in March, and this development could combine with more stringent lending standards to affect loan sales by reducing the supply of debt.
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Pricing Residential

Sharp drop in new home sales could affect loan sales by cutting supply

April 23, 2014

Excerpt:

Retail sales surged in March, and the sharp gain could potentially drive up loan origination by supporting demand for credit.
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Pricing Consumer L.. Trending

Growing retail sales could support loan origination by bolstering demand for credit

April 23, 2014

Excerpt:

Economic conditions in Texas are strong and improving, and this situation could help support loan sales by increasing both the supply and demand for credit.
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Pricing Consumer L..

Burgeoning economic conditions could help support TX loan sales

April 21, 2014

Excerpt:

U.S. consumer defaults plunged in March, and this development could affect loan sales and pricing by lowering the supply of low-quality credit.
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Pricing Consumer L.. Trending C/O and BK

Plunging defaults could affect loan sales by reducing low-quality credit

April 18, 2014

Excerpt:

U.S. mortgage lending plunged during the first quarter of 2014, and this development could easily affect the price and volume of loan sales by reducing supply.
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Pricing Residential

Plunging mortgage lending could affect loan sales by reducing supply

April 17, 2014

Excerpt:

Condominium developments have been springing up all over in U.S. metropolitan areas, and this trend could easily impact loan sales by increasing the amount of available debt.
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Pricing Residential

Urban condo development could bolster loan sales

April 16, 2014

Excerpt:

U.S. consumer borrowing surged more than economists had expected in February, and this development could bolster loan sales if banks seek to unload any excess credit they have extended.
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Pricing Consumer L..

Rising US consumer borrowing could bolster loan sales due to higher originations

April 14, 2014

Excerpt:

U.S. banks have been facing many challenges recently that could hamper their fiscal results, and lenders in this situation might turn to buying loan portfolios in order to bolster their financial performance.
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Pricing Trending

US Banks could potentially buy loan portfolios to help bolster financial performance

April 11, 2014

Excerpt:

Several measures of consumer delinquency fell during the fourth quarter of last year, according to a survey conducted by the American Bankers Association.
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Pricing Commercial

Declining consumer delinquencies could affect loan sales

April 10, 2014

Excerpt:

Many participants in a recent industry survey expressed optimistic views of the housing market, and this strong sentiment could foreshadow more robust loan origination.
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Pricing Consumer L..

Rising consumer sentiment could precede most robust loan origination

April 10, 2014

Excerpt:

More than 80 percent of lenders taking part in a recent American Bankers Association survey predicted that consumers will have reduced access to mortgages as a result of new industry regulations.
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Pricing Residential

Reduced mortgage access could affect distressed loan sales

April 8, 2014

Excerpt:

Banks across the U.S. have been focusing on the leverage ratio, and complying with this particular requirement could motivate them to make loans that they consider safer or have lower capital requirements.
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Pricing Consumer L..

Focus on leverage ratio could spur risky loan sales

April 8, 2014

Excerpt:

Temporary positions in the U.S. have surged lately, and this situation could potentially have a significant impact on credit markets if it is a precursor to the creation of more full-time jobs.
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Pricing Consumer L..

Robust growth in temp jobs could help support loan demand

April 7, 2014

Excerpt:

The U.S. economy has been creating jobs consistently for many months, most recently boosting payrolls in March, and sustained labor market improvement could bolster loan origination by putting more money in the pockets of consumers and making them more optimistic about the future and willing to borrow.
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Pricing Consumer L..

Job growth could help spur loan origination by providing boon to consumers

April 4, 2014

Excerpt:

Investors are flocking to debt, and their strong desire could push whole loans higher in price.
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Pricing Trending

Investor thirst for debt could push whole loan prices higher

April 2, 2014

Excerpt:

Millennials are facing myriad challenges, and these difficulties could constrict their demand for credit and undermine loan origination.
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Pricing Consumer L..

Plight of Millennials could undermine loan origination

April 1, 2014

Excerpt:

A recent surge in consumer spending could indicate that these individuals are becoming more confident, which could result in them seeking more credit.
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Pricing Consumer L..

Surge in consumer spending could push lending higher

March 28, 2014

Excerpt:

Jobless claims fell to a four-month low during the week that ended on March 22, according to figures from the U.S. Department of Labor.
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Pricing Commercial

Jobless claims fall to 4-month low

March 27, 2014

Excerpt:

CBA Live 2014, the highly anticipated annual event hosted by the Consumer Bankers Association, is set to begin on March 31 in Washington, D.C., and will run until April 2.
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Pricing Trending

Industry is abuzz over CBA Live 2014

March 27, 2014

Excerpt:

Banks have been purchasing loans that have been originated through the internet as credit markets undergo significant structural changes.
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Pricing Regulatory..

Changes in credit market structure increases internet-based loan originations

March 27, 2014

Excerpt:

If current economic conditions send lenders' portfolio values higher, these banks could see an uptick in loan sale activity.
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Pricing Residential

Lenders could increase their loan sales as market conditions drive portfolio values higher

March 26, 2014

Excerpt:

Consumer Financial Protection Bureau Deputy Director Steven Antonakes recently spoke about how important accurate information is for completing various activities involved in debt collection, including debt sales.
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Pricing Regulatory..

CFPB official emphasizes crucial nature of having accurate information in debt sales

March 24, 2014

Excerpt:

Key members of the Senate Banking Committee recently released the text of a proposal that could impact U.S. debt sales by reforming current housing finance regulations.
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