Date | Coupon | GNMA | FHLMC Gold | Ten-Year Treasury | GNMA Spread | FNMA Spread |
04/15/04 | 5.0 | 5.42 | 5.41 | 4.40 | 102.0 | 101.0 |
04/16/04 | 5.0 | 5.35 | 5.00 | 5.35 | -35.0 | -35.0 |
04/19/04 | 5.0 | 5.37 | 5.37 | 4.37 | 100.0 | 100.0 |
04/20/04 | 5.0 | 5.42 | 5.41 | 4.42 | 100.0 | 99.0 |
04/21/04 | 5.0 | 5.45 | 5.44 | 4.42 | 103.0 | 102.0 |
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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