Commercial banking

The trust distributes scheduled principal on a pro rata basis. There is also a specified lockout period during which the subordinate classes do not receive any unscheduled principal.

The delinquency rate that Kroll Bond Rating Agency tracks improved last month but JER's recent Chapter 11 filing and 2024 forecasts suggest it's still under pressure.

The segment demonstrated sustained resilience in the third quarter, growing its share of the market each month amid rate volatility, according to Corelogic.

Omid Malekan, Adjunct Professor,

Anthony Scaramucci, CEO, Skybridge

For the most part the underlying loans have very low default rates. Almost the entire pool, 91.8%, is clean current, and appear to have performed well into the period where they were expected to experience greater losses.

The real estate investment trust — which counts the private equity firm C-III Capital Partners among its top shareholders — owes more than $100 million to creditors but has less than $50 million of assets, according to a Chapter 11 petition.

AJ Nary is head of HeightZero at BitGo.

Steve Scott is director of institutional sales at BitGo.

Fitch expects to assign AAA to the class A notes.

The transaction is collateralized by at least 95% senior secured loans, cash, and eligible investments, S&P says.

Kevin is a seasoned marketing leader with deep experience in consumer and enterprise marketing. He was Chief Marketing Officer at ExpertVoice, Global Head of Brand Strategy and Marketing Communications at Pinterest, and worked at the Facebook Creative Shop, where he led some of the most successful campaigns in digital advertising. He previously held marketing roles at Google and Microsoft and earned an MBA from MIT.

Deborah Roth, CPA, is managing director of R&D tax credits at Source Advisors. She has overseen more than 4,500 R&D tax credit studies. She holds a BBA and a Master of Accountancy from the University of Michigan School of Business, and is a founding member of the National R&E Roundtable.

The year-end yield on the bond, a global anchor for markets and U.S. mortgage rates, is the culmination of a stunning rebound for Treasuries.

The U.S. may be less rate-sensitive than other countries due to its long-term mortgages but could face tighter credit from hard-hit financial institutions.

Rory Van Loo is a law professor at Boston University and was on the implementation team that set up the Consumer Financial Protection Bureau.

The riskiest tier of the junk bond market, CCC, has gained nearly 20% year to date on a total return basis, making it the best-performing asset class in the U.S. fixed-income market.

A diversified pool of buyout funds secures $500 million of class A notes issued by White Rose CFO 2023 Holdings.

The pool has lower leverage compared to recent multi-borrower transactions rated by Fitch Ratings.

Issuance volume of asset-backed securities for the year through December 28, 2023