ABS

The home prices of the pool are 9.2% above a long-term sustainable level, compared with 9.2% nationally as of April 2022, down 1.4% since last quarter.

Treasuries gained for a second day as investors sought out the safest debt, driving the 10-year yield down 11 basis points to 2.77%, it’s lowest level since late April.

Purchasing mortgage-backed securities—and that strategy is not out of the question as the central bank works to promote equilibrium in the housing markets over time.

The move, if confirmed, may be the final straw in Russia’s debt saga after almost three months of war in Ukraine, pushing the country into its first foreign default in a century.

Home price values of the underlying pool are more than 10% above a long-term sustainable level. The sustainable level from a national point of view is 9.2%.

The island’s saga is starting to be seen as a bellwether for emerging markets where shortages exacerbated by inflation, including record-high food costs globally, have the potential to roil national economies.

A low charge-off rate and an increasing monthly payment rate are credit hallmarks of the latest deal.

The PV systems are grouped into 74 different projects, including 46 that are subject to a master lease agreement between Sunbeam LeaseCo, a third party, and subsidiary of the issuer.

CRVNA 2022-P2’s pool balance is much smaller than that of its most recent predecessors, which issued about $1.0 billion.

The transaction is expected to garner ‘AAA’ ratings owing to the good servicing capabilities of American Express Travel Related Services.

Equities, bonds, cash and gold all saw outflows in the week ended May 11, strategists led by Michael Hartnett wrote in a note, citing EPFR Global data.

Real-estate owned assets sold in 2021 achieved 109% of the most recent appraised value, on average, compared with the 97% that the sales achieved, in 2020.

Dealers are in solid financial health, school buses secure 20%-35% of notes, and Navistar Financial has never had a bus dealer bankruptcy in its history.

In most selloffs, investors can find a few safe havens. But in this year’s corporate bond rout, a backdrop of stagflation means there is absolutely nowhere to hide.

The deal has a 24-month revolving period, when eligible receivables will be sold to the trust subject to concentration limits and eligibility criteria.

Americans are reminded about high gasoline prices daily, every time they drive. Another energy cost comes to their attention monthly: utility bills.

investors are focused on one thing right now: capital preservation. Even commodities, a favorite inflation play, succumbed to the global selloff on Monday.

First Help Financial is a small, niche auto lender with less than $500 million in assets, adding variability to expected loss scenarios on the notes.

The yield jumped as much as three basis points to 3.11%, extending an advance that has seen the rate more than double this year.

Entergy Louisiana’s system restoration property encompasses a large service territory that spans 58 parishes, serving about 1.1 million electric customers.