Obligors are slightly more concentrated but the percentage of obligors in higher credit quality grades—2 through 5—increased ...
Despite Exeter's experience, it has low durability as a servicer. This puts its default probability in the unknown.
UPDATE: This article includes analyst commentary, along with information from JPMorgan Chase's fourth-quarter earnings calls. JPMorgan Chase closed out 2024 with a record profit and a financial ...
Leftover goals from the first administration of president-elect Donald J. Trump 1.0 could shake MBS and other ABS sectors.
The agency wants the National Collegiate Student Loan Trusts, which sell student loan asset-backed securities (ABS) to ...
Crestline Investors, a Fort Worth, Texas-based alternative investment manager, recently sold a $1 billion, collateralized ...
ODART 2025-1 will be the first transaction from the program that will include loans originated through OneMain Foursight, the ...
The prime pool can be upsized to $1.7 billion, and the base pool amount has a lower securitization discount rate of 9.60%, ...
Proceeds from principal can be used to make up for shortfalls to the notes, but those shortfalls on the class A2 and ...
KBRA notes that commercial obligors with an investment grade rating make up 76% of MassMutual's customer base. Within that ...
Notes will be repaid through a sequential pay structure that will require principal to be repaid in full to the class A1 ...