01.30.2025 ABS Totals

February 03, 2025, 1:13 p.m. EST 1 Min Read

TRENDING

RMBS

Hildene's CROSS raises another $496.3 million from mortgages

Most of the pool, 74.6%, was underwritten to less than full documentation. Of the pool loans, 38.2% of them were underwritten to a 12-month or 24-month bank statements.

By Donna M. Mitchell

24m ago
Student loan ABS

Nelnet sells $1.5 billion in student loan ABS

Most of the capital structure will pay fixed-rates to noteholders, except for the A1B notes, which offers floating-rate notes pegged to the one-month SOFR.

By Donna M. Mitchell

5h ago
Originations

Underwriting errors push loan defects higher

Lagging tech adoption, issues with credit, and originators' rush to close refinances earlier this year contributed to deterioration, a study found.

By Andrew Martinez

7h ago