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The sponsor launches the deal after a period of increased originations in marine and recreational vehicle loans, will secure the notes.
3h ago -
Jeffries is preparing to sponsor $143.2 million in securitized bonds backed by unsecured consumer loans underwritten largely through income verification.
April 21 -
The regional bank is offloading a $1.9 billion student loan portfolio in order to focus on its relationships with existing customers, said CEO Bruce Van Saun.
April 16 -
There is also a full-turbo feature that will kick in after a two-year revolving period.
April 7 -
Almost all the collateral was extended to borrowers attending four-year schools, and the same percentage was made to borrowers attending not-for-profit schools.
March 27 -
Unlike estimated excess spread, which increased to 13.2%, from 12.8% on the EART 2024-4 transaction, several other forms of credit enhancement levels dropped.
March 25 -
The Trump administration wants the Small Business Administration to shrink its workforce by 43%. At the same time, the agency is being asked to start managing the federal government's student loan portfolio.
March 24 -
FHF sources almost all its loans—most recently 96% in 2024—from franchise dealers.
March 13 -
The deal is structured as a public securitization, under Rule 144A, and is supported by lending indirectly through more than 1,100 partnerships across the country.
March 13 -
The United Auto 2025-1 series of notes has a more mixed subordination element compared with the previous deal.
March 11