Acquisition-financing securitization takes hold while AI and escalating data centers drive energy deals.
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The contracts and installment loans were extended to prime and non-prime borrowers, most of which (81.49%) are financing new vehicles as of the deal's closing date.
4h ago -
Yields on both 10-year and 2-year Treasurys moved significantly higher after the Trump election victory and that's bad news for mortgage rates going forward.
5h ago -
A reserve account is initially 0% at closing. The target will shift between 1%, 2% and 3%, depending on whether the three-month average excess spread falls below certain thresholds.
November 5 -
Sens. Elizabeth Warren and John Hickenlooper say recent data suggests there is "no need for restrictive interest rates" and easier monetary policy is necessary to lower housing costs.
November 4 -
Any risk of mis-matching of fixed and floating rates among the assets and transaction notes is minimal. Between 80%-90% of the notes pay a fixed rate, while 78% of the loans are fixed rate.
November 4
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The contracts and installment loans were extended to prime and non-prime borrowers, most of which (81.49%) are financing new vehicles as of the deal's closing date.
4h ago -
Yields on both 10-year and 2-year Treasurys moved significantly higher after the Trump election victory and that's bad news for mortgage rates going forward.
5h ago -
Aside from the pool primarily made up of second and junior liens in the pool, 82.2% of the loans were underwritten with alternative documentation.
November 1 -
The wholesale lender filed a motion to dismiss the case, or at least to strike the class action certification in mid-October.
November 1 -
A vast majority of the deal, 87.17% of the collateral, as a percentage of the assets' principal balance, has a 60-month original term to maturity.
November 1 -
Republic First Bank allegedly discriminated against minority borrowers before it went under in April. New Jersey officials want both the acquirer of its remains, Fulton Bank, and the FDIC to assume some responsibility.
October 31 -
Blue Own Asset Leasing's notes benefit from a reserve account representing 1% of the pool balance, overcollateralization, and a senior-subordinate repayment structure.
October 31