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 capital structure supporting ALLO Issuer, series 2025-1, calls for senior fees and class A1L principal and interest to be ...
Second-lien loans make up virtually the entire pool, which carries some risk of poor recovery rates. Yet 78% of the pool is ...
Borrowers are considered prime in this pool, but Fitch Ratings notes that delinquency rates have been increasing since 2022.
Total hard credit enhancement will represent 4.5% of the note balance, and initial reserves amounting to 2.0% of the pool.
Almost the entire pool of mortgages will fund primary residences and were underwritten using full documentation.
Portfolio managers should consider choosing CLOs and ABS over corporate credit and agency MBS over Treasuries in 2025, says ...
Loans on used cars, extended to borrowers with prime credit characteristics, make up the reference pool of assets.
Aside from that, three collateral performance trigger events—delinquency, default and extension rate—that can force an early ...
Dext Capital is preparing to sell $518.4 million in asset-backed securities (ABS) on the capital markets, to be repaid from a stream of equipment loan and lease contracts on surgical and medical ...
A Maryland judge temporarily halted mass layoffs of probationary employees at multiple agencies, citing legal violations and ...