| 2011 | 2010 | 2009 | |
|---|---|---|---|
| ABS (Public + 144A) | 85,659.5 | 83,142.1 | 88,105.2 |
| ABS (Public + 144A excluding CDOs) | 81,997.0 | 81,891.9 | 86,532.6 |
| ABS (Public Only) | 46,577.7 | 39,513.6 | 55,667.0 |
| ABS (144A Only) | 39,081.8 | 43,628.5 | 32,438.3 |
| Non-Agency MBS | 43,102.4 | 13,826.0 | 7,137.6 |
| Agency MBS | 218,508.4 | 311,702.3 | 162,425.0 |
| CMBS | 24,270.4 | 15,257.5 | 3,488.1 |
A revolving pool of business loans and merchant advances secures the deal, and the revolving period ends on May 31, 2029, about 36 months after the initial closing date.
BasePoint's technology system, including a proprietary database of historical loan performance data going back 15 years and overseen by 20 data scientists, enables it to fund borrowers daily and apply margin calls every five days.
The deal also includes a 120-day stop advance provision, which prevents it from forwarding any interest and principal on loans that are past 120 days delinquent.
Higher energy and commodity prices are intensifying headline inflation, which means inflation is headed is not headed in the right direction.
Securitization market participants advocate for more inclusive structured credit indices to overcome the limitations of legacy benchmarks.
The transaction's debt service coverage ratio (DSCR) was calculated from a three-month lookback window of cash flows, shorter than the ABS transactions pre-COVID 19.
