ABS

The new loan forgiveness program should lessen maturity risk by lopping off a chunk of the student loans, accelerating payments to lenders.

Fitch expects MPR performance to remain strong compared to historical levels "with some moderate normalization" toward 2019 levels.

For multi-borrower SFRs, realized losses as a percentage of original balances was less than 1.0% on loans that were in foreclosure or in special servicing.

Critics of QE may downplay its effect on the economy, but it is generally accepted that the policy provided a boost to financial asset prices, especially during times of market stress.

The securitization law includes an extensive pledge to bondholders, including that it will not allow the value of the restructuring property to be impaired or altered.

The Fed's accelerating efforts to trim its balance sheet are adding more weight to bond prices. Powell may take rates even higher than current pricing suggests.

The transaction will feature a two-year revolving period, compared with the earlier OMFIT 2022-S1 deal, which has a three-year revolving period.

DBRS considers 61.6% of the pool to had been modified about two years ago, but did not consider deferrals or forbearance because of pandemic related hardships.

Even Larry Fink, BlackRock's chief executive officer, has been known to mix up ESG with SRI. And now so is Texas, in an interesting twist on the theme.

On average, 72% of its rated issuers' top 10 tenants, by rental revenue, either have investment-grade ratings or a parent company with an investment-grade rating.