Scorecards

There are two monster debtors out there — the AI industry and the U.S. government. Is the credit market big enough for the both of them?

Jon Oksenholt, who holds more of Freddie's shares, recently took issue with a Pershing Square assessment of the two government-sponsored enterprises.

SEMT 2026-INV4's notes are expected to pay coupons including 5.00%, 5.50% and 6.00% on the super senior tranches and one super senior, floater exchangeable tranche will pay 5.39%.

The deal's structure includes debt service coverage ratio (DSCR) triggers that will deposit excess cash is deposited in the cash trap reserve and loan-to-value tests.

The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.

The Consumer Financial Protection Bureau said it will stop publishing consumer complaint narratives, citing concern that the information is one-sided.