Finance

The transaction closed in August for an undisclosed amount and gives KBRA Analytics a business unit that was expanding in the direct lending analytics industry.

How to play the market while yields are still rising, how high rates might go before they plateau or fall, and whether bonds will witness increases across the whole curve are all key questions.

Clients of dv01 leverage the firm's loan-level data for a range of purposes, including securitization and performance analysis.

Investors aren't necessarily the ones getting cold feet despite interest-rate uncertainty and economists' growing warnings of a potential recession.

In the proposal, NAIC argues that an insurer purchasing every tranche of a CLO holds the same investment risk as purchasing the entire pool of loans backing the CLO.

BofA Securities Inc. predicts that single-family rental securitizations — which repackage a single loan tied to multiple properties — will fall to just $2 billion for the rest of 2022 as Federal Reserve rate hikes send shivers across the industry.

Historically tight underwriting reinforced by regulation and third-party reviews could be buffers, so long as manufacturing standards for production and servicing hold up as residential mortgage companies downsize, according to KBRA.

The Fed's Treasury holdings include inflation-protected securities, and the total value incorporates adjustments to their principal determined by changes in the CPI.

Outstanding balances have grown 81% over the last twelve months, with WA high balances of $648, in relation to their WA available credit lines of $947.

Regardless of whether the deal issues the $1.2 billion base amount or is upsized to $2.0 billion, the collateral is non-prime and has an original term of 71 months.

The US leveraged loan market, while seeing less volume, has been "orderly and open." That's in part due to continued demand from collateralized loan obligation managers.

BHG tightened income fraud mitigation with a 16-member fraud management team to address increased losses through its consumer digital channel.

Banks have been struggling to offload $15 billion of debt commitments that they agreed to provide in January to help finance the buyout of the software company.

The transaction requires that a minimum of 85.0% of the loan borrowers be based in the U.S. or Canada, while up to 60.0% of the collateral can be covenant-lite.

The plan is likely to incentivize borrowers to swap older, bank-owned loans that don't qualify for the benefits for new loans that do qualify as Direct Loans.

Bond credit enhancement has benefited from historically higher-than-average prepayment speeds and low realized losses despite a COVID-related rise in delinquencies.

A larger share of cash-out loans and slowing home-price growth is leading to expectations of more serious delinquencies down the road, according to Milliman.

Even though a Compass Point report states the pair have validated the credit scoring model and could implement it in the first quarter of 2023, interested parties would not verify it.

A mix of new distress and declining cures drove the uptick, according to dv01.

The new loan forgiveness program should lessen maturity risk by lopping off a chunk of the student loans, accelerating payments to lenders.