ABS

CSMC 2022-ATH3 has a higher concentration of loans extended to borrowers who are considered foreign nationals, about 25.5%, higher than typical non-prime deals.

The strategists are among the most bullish top-ranked voices on US equities and expect rate-sensitive growth stocks to maintain their outperformance over the value basket.

Expect performance deterioration in student loan ABS, rebounding from low delinquency and default levels of 2020 and 2021 during the peak of the coronavirus pandemic.

The collateral pool includes loans from about four of Change's lending programs, such as the Alt-Doc, usually made to self-employed borrowers.

More of the business is now controlled by independent lenders, and with mortgage volumes plunging this year, many are struggling to stay afloat.

The GCAT 2022-INV3 trust will repay issued notes and provide credit enhancement through a senior-subordinate, shifting interest repayment structure.

(Bloomberg) --A rarely-used financial product that makes it easier to monitor the performance of sustainable projects has been endorsed as a reliable way to avoid greenwashing in the $4 trillion ESG debt market.

Republicans, many whom opposed giving the IRS the extra money, have said it's using the funding to hire an additional 87,000 auditors to target middle-class households.

Some 853 residential mortgages comprise the underlying collateral pool, and they have relatively low original loan-to-value (LTV) ratios, of about 67.7%.

A reasonable person can be forgiven for asking whether an agency with a $13.7 billion budget really doesn't have enough to front some cash.