Apollo Global Management Inc. took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero, a rare stumble for a strategy touted as ...
Artificial intelligence is adding a new layer of uncertainty to the private credit industry, raising concerns that some ...
The tech sector has an outsize presence in loan portfolios, raising the risk of contagion.
A group of banks led by Deutsche Bank AG has been unable to sell about $1.2 billion of loans backing the acquisition of a ...
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AI‑led software selloff may pose risk for $1.5 trillion U.S. credit market, says Morgan Stanley
By Siddarth S Feb 10 (Reuters) - Concerns that artificial intelligence could disrupt large parts of the software industry have started to spill into credit markets, Morgan Stanley warned, as software ...
The recent software selloff is about more than just stocks. Prices of software company loans have also been sliding in recent days–a significant development because software has a heavy presence in th ...
Projects for lending automates repetitive tasks such as data entry, document verification, and credit scoring. This not only saves time but also reduces the likelihood of errors. Effective risk ...
As mortgage volumes rebound, purpose-built servicing software helps lenders retain MSRs, automate compliance, reduce costs and improve borrower experience ...
A quick scan of Pricefx’s website leaves little doubt how the company sees itself. “The #1 Leading Pricing Software” is splashed across its homepage. As is “Great Pricing Software Makes Dreams Reality ...
A car buyer with bad credit? Rancho Santa Margarita-based Finance Express LLC offers software that lets used car dealers find lenders to finance borrowers who have spotty credit. The software pulls up ...
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