Search Results for: loan

Laurel Road Released Study about Healthcare Professionals & Student Loan Debt
Banking News

Laurel Road Released Study about Healthcare Professionals & Student Loan Debt

Fintech News Desk
Doctors and nurses weigh in on their average debt-to-income ratio, with more than 65% stating they feel anxious when checking their balance.  As conversations around federal student loan forgiveness continue and repayment has resumed for most, borrowers have begun to feel the steady impact on their finances. A new survey......
Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers
Mortgage News

Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers

PR Newswire
By combining instant conditional loan approvals with hyper-personalised loan offers generated through the Ardley platform, Autopilot enables mortgage lenders and servicers to maximise deal opportunities in any rate environment while avoiding the typical sensitivity and scalability challenges associated with interest rate volatility. Ardley Technologies, a leading provider of mortgage technology......
KBRA Releases “CMBS Loan Performance Trends: January 2024”
Finance Fintech News

KBRA Releases “CMBS Loan Performance Trends: January 2024”

Fintech News Desk
In this report, KBRA provides observations across our $317.3 billion rated universe of U.S. private label CMBS including conduits, single-asset single borrower (SASB), and large loan (LL) transactions. KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the January 2024 servicer reporting period. The......
NextDecade Announces $50 Million Senior Secured Revolving Credit Facility and $12.5 Million Interest Term Loan
Finance Fintech News

NextDecade Announces $50 Million Senior Secured Revolving Credit Facility and $12.5 Million Interest Term Loan

Business Wire
NextDecade Corporation announced today that its wholly owned subsidiary, NextDecade LNG, LLC, has entered into a credit agreement with MUFG Bank, Ltd. as lender and administrative agent that provides for a $50 million senior secured revolving credit facility (the “Revolving Credit Facility”) and a $12.5 million interest term loan (the......
KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans
Finance Fintech News

KKR Acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans

Business Wire
The KKR investment directly highlights the strength and scale of our Asset-Based Finance business, which has experienced unprecedented growth alongside the rapid expansion of this market.  KKR, a leading global investment firm, announced today that funds and accounts managed by its credit business have led the purchase of a $7.2......
Upright Introduces DSCR Rental Loans
Lending News

Upright Introduces DSCR Rental Loans

PR Newswire
Competitive loans enhance end-to-end investing platform Leading real estate investment platform, Upright, is making debt service coverage ratio (DSCR) rental loans available for the first time. The move is a response to customer demand and represents a further expansion of the firm’s service offering and commitment to enabling wealth creation for......
S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance
Lending News

S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance

PR Newswire
S&P Global Ratings upgraded ratings on three classes and affirmed ratings on three remaining classes in PenFed Auto Receivables Owner Trust 2022-A. Positive Outlooks were assigned to the class B, C and D notes. The affirmations and upgrades reflect collateral performance to date, expectations regarding future collateral performance, the transaction’s......
Bridge Bank Supports Gooten’s Growth With $3.5 Million Venture Debt Term Loan
Fintech Investments News

Bridge Bank closes $3.5 Million venture debt term loan with Gooten

Business Wire
Bridge Bank announced that its Technology Banking Group closed a $3.5 million venture debt term loan with Gooten, a leading technology and fulfillment company based in New York. Gooten will use the funds for continued growth and expansion. “We believe in supporting ventures that contribute to the overall economic landscape,......
KBRA Assigns Preliminary Ratings to Morgan Stanley Residential Mortgage Loan Trust 2023-3 (MSRM 2023-3)
Finance Mortgage News

KBRA Assigns Preliminary Ratings to Morgan Stanley Residential Mortgage Loan Trust 2023-3 (MSRM 2023-3)

Business Wire
KBRA assigns preliminary ratings to 24 classes of mortgage pass-through certificates from Morgan Stanley Residential Mortgage Loan Trust 2023-3 (MSRM 2023-3). MSRM 2023-3 comprises 326 residential mortgages with an aggregate principal balance of $362.1 million as of the October 1, 2023 cut-off date. The majority of the underlying collateral includes......
Qatar Central Bank Issues Instructions for the Loan-Based Crowdfunding Regulation
Fintech News

Qatar Central Bank Issues Instructions for the Loan-Based Crowdfunding Regulation

PR Newswire
In line with the financial sector strategy and the financial technology (Fintech) strategy, and based on Qatar Central Bank’s permanent endeavor to regulate and develop the financial sector in the country, Qatar Central Bank issued instructions for the Loan-Based Crowdfunding Regulation, for the purpose of licensing and regulating (Loan-Based Crowdfunding......
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