Magazine Issue Year 2020

Digital Edition

May/June 2020

Published May 11, 2020, 3:00 p.m. EDT

|

Updated May 11, 2020, 3:00 p.m. EDT

1 Min Read

View Digital Edition

Download

Magazine Issue Year 2020

TRENDING

Esoteric ABS

Affirm prepares to raise $548.9 million from consumer loans

The deal features a principal acceleration trigger. If breached, the transaction will divert all additional funds to paying down the principal on the notes.

By Donna M. Mitchell

33m ago
Subprime lending

Westlake Automobile's latest ABS raises $1.4 billion

The transaction comes to market with initial hard credit enhancement levels of 33.60%, 22.90%, 13.50% and 8.65% across the subordinate tranches, higher than the previous deal.

By Donna M. Mitchell

5h ago
Mortgage rates

Mortgage rates rise, but there are signs of moderation ahead

The 30-year fixed spiked earlier in the week, but fell as Middle East news helped to drive the 10-year Treasury yield lower by 9 basis points by Wednesday.

By Brad Finkelstein

10h ago

Load More