Date | Coupon | GNMA | FHLMC Gold | Ten-Year Treasury | GNMA Spread | FNMA Spread |
07/10/03 | 4.5 | 4.72 | 4.84 | 3.68 | 104.0 | 116.0 |
07/11/03 | 4.5 | 4.66 | 4.79 | 3.64 | 102.0 | 115.0 |
07/14/03 | 4.5 | 4.71 | 4.83 | 3.72 | 99.0 | 111.0 |
07/15/03 | 4.5 | 4.93 | 5.03 | 3.91 | 102.0 | 112.0 |
07/16/03 | 4.5 | 4.98 | 5.09 | 3.94 | 104.0 | 115.0 |
-
The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
7h ago - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27 -
Aside from the cash flow stabilization, another credit positive to the deal, TAH Operations is property manager to the portfolio, and has strong processes and controls.
March 27 -
Four tranches of class A notes make up the capital structure, and they all benefit from 3.00% in total initial hard credit enhancement.
March 26 -
Seven of the loans, 27.7% of the pool balance, are secured by multiple properties or have a component of cross-collateralization, benefitting from greater cash flow stability.
March 26