| 2015 | 2014 | 2013 | |
|---|---|---|---|
| ABS (Public + 144A) | 108,426.5 | 113,050.3 | 102,684.8 |
| ABS (Public + 144A excluding CDOs) | 80,797.8 | 80,614.2 | 72,249.6 |
| ABS (Public Only) | 45,776.8 | 49,780.0 | 43,887.7 |
| ABS (144A Only) | 62,650.0 | 63,270.3 | 58,797.1 |
| Non-Agency MBS | 51,621.5 | 36,932.3 | 46,069.9 |
| Agency MBS | 65,816.6 | 80,216.3 | 114,138.1 |
| CMBS | 34,574.6 | 28,991.4 | 39,241.9 |
| Source: Thomson Reuters | |||
For its first securitization PMCC 2026-1 will sell to noteholders through six tranches of notes, and credit enhancement coverage that begins at 67.91% on the AAA-rated, class A notes.
While breaking little new ground the ruling dampens the likelihood of more aggressive liability management exercises (LMEs)
The latest investor statements show the persistence of a trend in which one vintage has a higher rate of distress than others, Morningstar DBRS finds.
The deal structure includes a lock-out feature that will redirect the portion of the subordinate principal among other protective features like subordination.
The agency says the subprime auto lender pledged the same car loans to several lenders and bond deals at once, leaving investors owed about $945 million.
FHF Issuer Trust 2026-2's final distribution dates range from Sept. 15, 2027 on the class A1 notes through Jan. 16, 2034 on the class F notes.
