HE1 will repay notes using a pro-rata, sequential pay structure that must satisfy an overcollateralization test, and ...
Borrowers' high incomes and the abundance of monthly free cash flow speed up repayments and mitigate the transaction's ...
Sabey 2025-2 will feature a $24.8 million liquidity reserve among other credit enhancement mechanisms, including cash trap ...
Almost all the collateral was extended to borrowers attending four-year schools, and the same percentage was made to ...
The non-prime pool benefits from a non-declining reserve fund of 1.0% of the initial pool balance, and subordination of 32.9% ...
Figg will advise financial institutions, issuers, arrangers and underwriters on asset-backed securities (ABS) deals, ...
A reserve account starts off at 0.0%, but its funding level varies in line with three-month average excess spreads, if it ...
Unlike estimated excess spread, which increased to 13.2%, from 12.8% on the EART 2024-4 transaction, several other forms of credit enhancement levels dropped.
The ALLO Issuer, series 2025-1, will sell $200 million in asset-backed securities, to refinance the outstanding balance on a series of notes issued in 2023. Ultimately, ALLO Issuer's securitized debt ...
The Trump administration wants the Small Business Administration to shrink its workforce by 43%. At the same time, the agency ...