| ARM Type | Index Value | Effective Margin | OAS | ZVO |
| GNMA | ||||
| 04/06/05 | 3.38 | 94.0 | 71.0 | 69.0 |
| Previous Week | 3.38 | 92.0 | 76.0 | 75.0 |
| Conventional | ||||
| 04/06/05 | 3.38 | 114.0 | 141.0 | 141.0 |
| Previous Week | 3.38 | 120.0 | 143.0 | 142.0 |
| Conventional | ||||
| 04/06/05 | 2.317 | 134.0 | 38.0 | 39.0 |
| Previous Week | 2.183 | 137.0 | 18.0 | 8.0 |
| Source: Capital Management Sciences | ||||
Net charge-offs at the Charlotte, North Carolina-based bank increased by more than 80% in the first quarter compared with a year earlier. BofA executives say that the rising losses were in line with the bank's risk appetite.
ADMT 2024-NQM2 will repay senior position investors on a pro-rata basis, while the mezzanine and subordinate notes will be repaid sequentially.
That the underlying contract holders prioritize using their smartphones and other mobile devices suggests that they are likely to prioritize payments related to those products.
Should the all-stock transaction close as planned later this year, Wintrust Financial in the Chicago area would gain about $2.7 billion of assets.
Chris Hentemann, whose fund manages $6.2 billion in assets, seeks out B-piece opportunities and foresees banks executing more bulk loan sales and credit-risk transfers.
