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Deals, trends and research in structured finance and asset-backed securities for the week of Oct. 16-22
By Glen FestOctober 23 -
Like previous deals, the trust will have a revolving pool of assets for up to two years, in which sponsor Cellco Partnership (doing business as Verizon Wireless) can replace paid-off agreements with new agreements that meet minimum pool standard requirements.
By Glen FestOctober 22 -
According to ratings agency presale reports, Flagship will sell $303 million in bonds from a $314.8 million of loan originations by Flagship as well as its CarFinance.com subsidiary.
By Glen FestOctober 22 -
The private investment firm is securitizing a $265 million loan backed by fee interests in 58 well-performing properties across 12 states.
By Glen FestOctober 21 -
Pagaya Investments, which purchases loans from MPL platforms using AI-driven technology, is sponsoring a $423.9 million transaction, according to a ratings agency presale report.
By Glen FestOctober 21 -
Blackstone Group is sponsoring a $1 billion commercial real estate CLO transaction, backed by a portfolio of pari passu participations in commercial mortgages for primarily lower-grade office, mixed-use and hotel properties.
By Glen FestOctober 20 -
Moody’s Investors Service sees improved recovery prospects for the U.S. restaurant industry next year, buoyed by projected revenue growth of 15% despite ongoing concerns of the length and impact of the coronavirus pandemic.
By Glen FestOctober 20 -
Pretium, by taking over Front Yard's 14,000-plus rental properties, will become the second-largest operator of cash-flowing single-family rental housing in the U.S.
By Glen FestOctober 19 -
Investors continued to tap the COVID-19-driven emergency facility for SBA loan pool purchases, secondary CMBS notes, and private SLABS.
By Glen FestOctober 9 -
Deals, trends and research in structured finance and asset-backed securities for the week of Oct. 2-8
By Glen FestOctober 9 -
Prestige's new $377M securitization has a collateral pool in which over 44% of the loans are from borrowers with recent Chapter 7/13 discharges.
By Glen FestOctober 9 -
The 1,400-store chicken wings chain, which has benefited from carry-out dining trends during the pandemic, will sponsor its second whole-business securitization since 2018.
By Glen FestOctober 8 -
The deal consists of 11,673 nonconforming first-lien mortgages, of which nearly all have been previously modified. Approximately 7% are in COVID-19-related forbearance.
By Glen FestOctober 7 -
The ratings agency reported that the average percentage share of triple-C rated loans in CLO portfolios fell below 10% for the first time since March.
By Glen FestOctober 6 -
The notes are backed by $456.9 million in high-balance loans that meet qualified mortgage standards, according to ratings agency presale reports.
By Glen FestOctober 5 -
The quarterly numbers were boosted by $11.3 billion in new deals last month, the most active month for CLOs since April 2019.
By Glen FestOctober 2 -
Credit research analysts cite a "significant" drop in defaults since the 2Q and improving macroeconomic indicators.
By Glen FestOctober 2 -
Deals, trends and research in structured finance and asset-backed securities for the week of Sept. 25-Oct. 1
By Glen FestOctober 1 -
Deals, trends and research in structured finance and asset-backed securities for the week of Sept. 18-24
By Glen FestSeptember 24 -
The Charlotte, N.C., company recently closed on a sale of its Cohen Financial platform to SitusAMC.
By Glen FestSeptember 23
















