Bank of America
Bank of America
Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets.
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NSLT 2025-D comes to market as the private student loan sector is seeing increased issuance. Two of the program's deals, series 2025-B and 2025-C, accounted for $4 billion of issuance, almost half the sector's production.
54m ago -
GDLP 2025-3 has a so-called vertical risk retention structure, where 95% of the collateral balance is allocated to the noteholders, while retained interest noteholders will hold the rest.
November 18 -
Loan sizes are only $477.50 on average, while borrowers attached to the contracts have weighted average FICO scores of 727.
November 13 -
Previously, Kim was a managing director in J.P. Morgan Chase & Co.'s strategic investments group, where she managed a diverse portfolio of fintech investments.
November 5 -
HINNT's sellers can repurchase defaulted loans, which increases the transaction's recovery rate, and enhances the credit to the notes.
November 1 -
Yields on 10-year notes rose two basis points to 3.99% after falling the previous two sessions, while monetary policy-sensitive two-year notes held steady around 3.49% Wednesday morning.
October 29 -
PFAST 2025-1 will have to navigate a market where the underlying consumers are facing increased challenges from tariff-induced higher prices and a loosening labor market.
October 22 -
Moody's details several strengths in the transaction, including a robust underwriting process. The assets also have a short, weighted average (WA) original term of 52 months.
October 22 -
Bank of America has a playbook for government shutdowns, which includes providing fee and payment waivers as well as loan deferrals and forbearance programs, CEO Brian Moynihan said at the American Bankers Association's annual convention.
October 21 -
Enpal and M&G's move comes at a complex moment for securitizations backed by energy infrastructure and home efficiency equipment.
October 21 -
Ford Credit Floorplan pays a fixed rate to ABS investors, while the dealers' assets pay a rate pegged to the flexible prime rate, so there is the potential of eroding excess spread.
October 17 -
The U.S. Department of Justice declined prosecution after BofA Securities self-reported the violations and fixed major compliance gaps.
September 19 -
The anticipation of lower rates has helped drive yields lower, with the 30 year's falling as much as three basis points to 4.62% on Wednesday, the lowest level since April 30.
September 17 -
The 2025A bonds will have parity with all senior bonds that have been previously issued, and any senior bonds issued in future deals.
September 10 -
The assets' legal isolation means that the NCUA exercising its powers in a way that would reduce payments to the notes is a remote possibility.
September 5 -
Debt markets globally were roiled this week as the yield on the 30-year Treasury rose to almost 5% before easing in the past two sessions.
September 5 -
The percentage of larger loans in HGVT-2 is 20.08%, S&P said. While that is lower than the 23.2% seen in the previous deal, it is still too high.
August 19 -
The entire pool was originated using agency underwriting, with PennyMac being the largest originator, and accounting for 66.1% of the mortgage loans.
August 14 -
A credit analyst manually reviews the pool's underwriting decisions, instead of just leaving it all to automation.
August 7 -
The deal faces a few upfront credit challenges, including the fact that the collateral's credit quality has weakened.
August 6





















