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The extension rates were the highest since the peak of lender deferrals granted in the wake of the COVID-19 outbreak.
By Glen FestFebruary 24 -
A majority of the loans are also junior-lien obligations, according to a presale report.
By Glen FestFebruary 22 -
DataBank, sponsored by an affiliate of Colony Capital, is pooling ownership and leasehold stakes in 15 data centers in six cities, including the Salt Lake City market that is in high demand with West Coast companies diversifying and expanding data-center operations.
By Glen FestFebruary 22 -
Deals, trends and research in structured finance and asset-backed securities for the week of Feb. 12-18
By Glen FestFebruary 18 -
Ratings agencies describe a "notable" concentration of alternative-income mortgages in the nonforming pool that were underwritten by Ellington-affiliated LendSure.
By Glen FestFebruary 18 -
Early-stage delinquencies were up slightly in both prime and subprime auto ABS pools, according to the agency's report for January.
By Glen FestFebruary 18 -
Neighborly Co., a franchisor of 24 home repair and maintenance service brands, is pledging franchise-fee, royalty and other related revenues from its mostly recession-proof business lines.
By Glen FestFebruary 17 -
Deals, trends and research in structured finance and asset-backed securities for the week of Feb. 5-11
By Glen FestFebruary 11 -
The deal is similar in size and credit metrics to Caliber’s January private-label deal, albeit with a slightly higher borrower WA FICO (742) and smaller share of dirty-current loans.
By Glen FestFebruary 11 -
The Japanese lender will back $526 million in U.S. dollar-denominated notes with receivables of domestic new- and used-car loans from domestic borrowers.
By Glen FestFebruary 10