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 ...
Carvana is preparing its first securitization this year backed by a pool of prime retail auto loans, selling $602.7 million ...
A pool of auto loans extended to subprime borrowers will secure $239.7 million in securitized bonds, in a deal sponsored by ...
The deal is structured as a public securitization, under Rule 144A, and is supported by lending indirectly through more than 1,100 partnerships across the country.