Loan modifications and expenses have reduced available interest and net weighted average coupon (WAC) rates in the deal.
Unlike most aircraft securitizations, Gilead 2025-1 uses a mortgage amortization style, de-levering at a lower rate compared to a more typical straight-line payment style.
Investor properties or second homes account for 38.1% of the pool. Also, 27.9% of the loans are a debt service coverage ratio ...
While SoFi uses a third-party servicer for both of those product types, it services its entire consumer loan portfolio.
Any loan that is more than 120 days delinquent becomes a stop-advance loan, a designation that prevents interest leakage to bondholders.
To keep note repayment on track, credit enhancement comes from subordination, and senior notes benefit from a principal ...
Broadly syndicated loan (BSL) and middle market (MM) CLOs will total $205 billion in 2025, modestly more than last year's ...
As an investment, cat bonds have drawn attention in recent years after far exceeding returns on other high-risk fixed-income markets.
Aside from the assets' credit quality, the bank's 60 years of experience originating and servicing auto loans is a boost to ...
Toyota Motor Corp. is launching its first 2025 securitization backed by leases of Toyota and Lexus vehicles, a $1.3 billion ...
A coterie of the nation's largest banks are bringing to market a poster-child for the current trend in commercial ...
The Moody's structured finance group has rated commercial mortgage-backed securities (CMBS) backed by data centers before, ...