Key insight: Anthropic, a company that was designated a supply chain risk by the Pentagon a little over a month ago, has been embraced by large banks and their vendors. Expert quote: “The largest institutions have the ability to explore this space at a scale and with a degree of experimentation that a mid-market bank […]
Anthropic launches bank-friendly AI agents, vendor alliances Read More »
(Bloomberg) — Goldman Sachs Group Inc. raised $6.5 billion from a US investment-grade bond sale, extending a borrowing spree that included a record debt offering earlier this year. Processing Content The deal tested investor appetite after a surprise drop in the investment bank’s bond-trading revenue overshadowed stronger-than-expected first-quarter earnings, sending its shares lower. Being a
Goldman extends borrowing run with $6.5 billion bond sale Read More »
The Goldman Sachs Mortgage Company is sponsoring a $359.4 million residential mortgage-backed securitization (RMBS), capitalizing a pool of non-qualified mortgages extended primarily to investors. Processing Content GS Mortgage-Backed Securities Trust, 2026-R1 will issue the notes through seven tranches of classes A, M and B notes, which all have a final scheduled maturity date of April
A Goldman-sponsored RMBS pool will raise $359.4 million Read More »
A portfolio of first-lien, fixed-rate and prime residential mortgages will secure $321.2 million in residential mortgage-backed securities (RMBS) from the GS Mortgage-Backed Securities Trust 2026-PJ2 (GSMBS 2026-PJ2). Processing Content The capital structure includes a long series of class A notes—mostly ‘AAA’ rated—and B notes, all of which had a final scheduled maturity of August 2056,
Prime mortgages secure a $321.2 million RMBS from Goldman Read More »
Cassandra Seier, head of International Capital Markets for the New York Stock Exchange, died over the weekend of November 22. “We are devastated by the news that our colleague Cassanda Seier passed away over the weekend,” an NYSE spokesperson told American Banker in a statement. The statement did not disclose the exact date or cause
NYSE executive Cassandra Seier dies in alleged bike accident Read More »
As non-prime mortgage assets continue to make up a significant portion of mortgage-backed securities (MBS) deals, Angel Oak Mortgage Fund is preparing to issue $350.2 million in MBS secured by a portfolio dominated by mortgage loans considered non-qualified or exempt from ability to repay rules. Non-qualified mortgages account for most of the loans, at 55.2%,
Angel Oak Mortgage raises $350.2 million in MBS Read More »
While much of the housing industry views Rocket Companies’ proposed acquisition of Redfin as a foregone conclusion at this point, at least one common stock holder is saying not so fast. On Friday in U.S. District Court in Seattle, plaintiff Jason Morano filed a lawsuit accusing the two companies of breaching their contracts, engaging in
Redfin stockholder files suit over disclosures in Rocket deal Read More »