Donna M. Mitchell

Among changes from the PAID 2025-8 transaction, the current deal has a 24-month revolving period when eligible collateral can be purchased.

Janus brought several innovations to the asset management market, including the asset-backed securities ETF (JABS) and the fixed-rate CLO ETF (JAAA).

Redaptive EAAS Issuer 2025-1's structure includes overcollateralization, a cumulative net loss trigger and an average delinquency trigger.

Principal will be distributed pro rata among the senior A1 through A3 certificates, and subordinate bonds will not receive any principal until all senior classes are reduced to zero.

Monthly excess spread will confer credit enhancement to the notes, KBRA said, and while it will be released it will not be available as credit enhancement in future payment periods.

CLIF Holdings' capital structure includes overcollateralization and a liquidity account of $1 million.

PMT 2025-CNF2 is not required to provide advances of schedule interest and principal on loans that are delinquent by 120 days or more.

The acquisition forms the eighth largest mortgage servicer nationwide, with a combined $400 billion in mortgage servicing rights.

For the trailing 12-month period that ended in October 2025, La Quinta Resort had an occupancy of 59.2%, and a revenue per available room $230.83.

While heeding Fed Chair Powell's thinking to take employment numbers with a grain of salt, fixed-income professionals still felt that weak labor data would eventually set up further cuts.

The senior notes will build hard credit enhancement levels over time because classes B through G will be locked out of principal payments for eight months.

The deal includes debt service coverage ratio (DSCR) triggers, where a cash trap event will occur on any payment date if the DSCR falls below 1.15x.

Most of Merchant's Fleet Funding 2025-1's underlying leases are open-end, and the underlying assets have limited residual value risk.

After the end of the draw periods that range from two to five years, the amortization begins, during which borrowers have a repayment period ranging from three to 25 years.

This year Point has funded more than $2 billion in home equity investments to more than 20,000 homeowners nationwide.

The terms of NRMLT 2025-NQM7 will not allow it to advance principal and interest on loans that are delinquent by 180 days or more.

The home equity investment provider first approached the securitization market in July 2024 to raise $217 million.

Aside from employment numbers that are still fluctuating, year-over-year inflation rates could remain persistent, sending Fed base rates north of 3%.

Hahn's experience includes innovative retail structures for conglomerates, holding companies, private funds and private real estate investment trusts.

Dext ABS 2025-2 includes a prefunding account with an amount of $65 million, or 15.0% of the collateral's total combined balance.