| 2016 | 2015 | 2014 | |
|---|---|---|---|
| ABS (Public + 144A) | 129,880.7 | 176,470.7 | 185,819.0 |
| ABS (Public + 144A excluding CDOs) | 111,683.7 | 127,984.0 | 128,648.7 |
| ABS (Public Only) | 51,850.0 | 71,854.0 | 78,005.5 |
| ABS (144A Only) | 78,030.8 | 104,616.7 | 107,813.5 |
| Non-Agency MBS | 53,335.6 | 80,800.5 | 65,692.2 |
| Agency MBS | 131,191.1 | 125,749.5 | 121,499.3 |
| CMBS | 59,676.4 | 66,266.9 | 52,482.7 |
| Source: Thomson Reuters | |||
TLOT 2025-B has a couple of other credit strengths, including Toyota's experience as a sponsor and servicer, and the underlying loans' strong quality.
The A1A notes benefit from credit enhancement levels that equal 30% of the note balance in that tranche.
The deal must own at least eight assets, otherwise it will begin to use any excess cash to fully pay down the notes.
The Mortgage Bankers Association leader cited past objections on anti-competitive grounds as Trump administration officials showed signs of progress on reform.
The AI-powered auto lender is the latest fintech to debut an IPO in recent months, even as a different auto lender filed for bankruptcy this week.
According to media reports, Tricolor suspended operations and furloughed its staff, with plans to liquidate.
