The current deal has a discounted residual value of securitization of 54.8%, lower than the 56.8% present in the 2015-A pool.

The inability to include both types together in standard loan pools has been one of the hurdles to the adoption of digital collateral.

An American Bankers Association panel of experts predicted much slower economic growth, but agreed that the U.S. economy will avoid a recession over the next couple of years.

The inventory shortage is beginning to ease, while demand is slowing due to high prices and rising mortgage rates.

Total hard credit enhancement on the Encina Equipment, 2022-1, deal is higher for all classes of notes, with increases ranging from 2.5% to 5.3%.

The company relies on automated underwriting to originate 100% of its loans, which improves efficiency and consistency in the loan application process.

Some firms are undergoing their second or third rounds of terminations since the beginning of the year.

Utilities had to buy electricity from ERCOT for their customers at wholesale prices as a result of widespread power outages in February 2021.

With anticipated Federal Reserve moves already factored in, inflation and jobs data could play a bigger role in driving movement over the near term.

The effects on nonbanks will depend on the mix between their production and servicing operations, Fitch Ratings said.

JPMorgan Chase CEO Jamie Dimon expressed even deeper concern Wednesday about the likelihood of an economic downturn than he has in recent months. Wells Fargo CEO Charlie Scharf was less pessimistic, but he still spoke of the “reality that the economy has to slow.”

CCG transaction’s managed portfolio and securitizations have had low net losses due to strong recovery performance, although default performance has historically been volatile.