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The properties have a combined broker-price opinion value of $530.7 million, which is a 27.4% increase for the properties in their original respective securitizations in 2015 and 2016.
By Glen FestMarch 3 -
Veros Credit received an AA rating in its 2018-1 transaction, which featured lower loan-to-value ratios and average account balances in the pool.
By Glen FestMarch 3 -
ALM 2020 includes a $1.375 billion Class A1 series of notes that have a three-month Libor spread of 108 basis points, well within the average primary AAA spread of 133 basis points over Libor.
By Glen FestMarch 1 -
Most of the pool is made up of office-property loans, but also includes a sizeable exposure to hotel and retail properties.
By Glen FestFebruary 27 -
The loans were aggregated by JUPS, the deal’s sponsor and an affiliate of Jefferies and Jefferies Asset Funding.
By Glen FestFebruary 27 -
ABS investors who have previously needed only to know an asset was excluded from verboten classes like tobacco, oil and gas or firearms are now pressing for details on how well an investment stacks up in the social and governance factors.
By Glen FestFebruary 26 -
The Elections 2020 panel focused on topics such as the long-shot proposal for a wealth or transaction tax on Wall Street, as well regulatory changes that Sanders or another Democratic candidate's administration could enact affecting housing reform or banking oversight.
By Glen FestFebruary 25 - LIBOR
At a panel during day two of the Structured Finance Association’s ABS trade show in Las Vegas, guest speakers said a strong consensus is building toward asking lawmakers in upstate New York to enact mandatory “fallback” language for Libor replacement in financial contracts.
By Glen FestFebruary 25 -
DBRS Morningstar and Moody’s Investors Service have assigned preliminary ratings to the Classic RMBS Trust, Series 2020-1 transaction sponsored by Home Trust Co.
By Glen FestFebruary 24 -
Her speaking engagement is the highlight of a deep dive into politics for the second day of the four-day industry confab.
By Glen FestFebruary 24 -
First-day panelists at the Structured Finance Association's annual ABS industry conference in Las Vegas speculate on securitization's potential as a new financing mechanism for oil and gas operators.
By Glen FestFebruary 24 -
Vague criteria and potential "greenwashing" complicate sustainable investments in securitizations, new research suggests.
By Glen FestFebruary 20 -
SoFi Professional Loan Program 2020-B Trust is a $1.06 billion asset-backed offering of bonds secured by a pool of loans made to advanced-degree graduates of medical, dental or legal universities, or MBA recipients.
By Glen FestFebruary 19 -
Over 67% of the loan balances in Sabal Capital Partners' commercial mortgage MBS deal were for apartment buildings financed through the Irvine, Calif.-based firm.
By Glen FestFebruary 19 - asr daily lead
A proposed change could resurrect bond buckets, but loan industry observers also point to "covered fund" changes shielding loans from a potentially disruptive court decision.
By Glen FestFebruary 18 -
The notes in Citigroup Commercial Mortgage Trust 2020-555 are backed by a beneficial interest in the trust’s $350 million portion of the 119-month fixed-rate commercial loan. The loan is secured by a 52-story New York luxury apartment building in Manhattan’s Midtown West submarket.
By Glen FestFebruary 18 -
American Honda Finance's 78th term securitization has a potential upsizing to $1.62 billion - a similar option the captive-finance lender has taken in recent transactions.
By Glen FestFebruary 18 -
Five MBS pools of predominantly non-QM mortgages have been launched into the market by originators and loan aggregators, according to ratings agency presale reports published since Monday.
By Glen FestFebruary 13 -
CBAM Partners co-founder Don Young retells the firm's fast rise into one of the larger CLO managers, and discusses the state of the market.
By Glen FestFebruary 12 -
Total Engine Asset Management, or TEAM, is sponsoring an ABS totaling $$256.98 million backed by leases and asset values of 30 engines on lease (or contracted to lease) to 13 airlines in 11 countries.
By Glen FestFebruary 11


















