Kiavi closes $350M RTL securitization, nears $7B in total issuance
Kiavi, a digital nonbank lender for residential real estate investors, announced Thursday that it closed a $350 million rated securitization of residential transition loans (RTLs). The transaction marks Kiavi’s sixth rated securitization and 24th deal under its LHOME shelf, bringing its total offere
Study finds wide credit score gaps across bureaus amid tri-merge debate
A study by Andrew Davidson & Co. found meaningful credit score discrepancies among the three major bureaus — a key data point for those arguing in favor of maintaining the tri-merge standard rather than shifting to a bi-merge or single-report model. According to the paper, released Friday, 35% of th
Supreme Court overturns Trump’s tariffs in 6-3 decision
The Supreme Court on Friday ruled in a 6-3 decision that President Donald Trump overstepped his authority by imposing sweeping tariffs under a federal law intended for national emergencies, a decision that marks a rare defeat for the administration at the high court, which holds a 6-3 conservative m
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