The class A1 notes have the lowest cumulative advance rate, which combines the interest and mortgage insurance rates to show ...
Initial hard credit enhancement, based on a Pv6 securitization share of ADSAB is 27.8%, higher than the 18.7% on the Sunrun ...
The portfolio is composed of 743 first-lien, fixed- and adjustable-rate, fully amortizing mortgages to borrowers with prime ...
The obligors' non-investment grade credit quality could present challenges to the timely repayment of notes. Yet PREF focused ...
Obligors are slightly more concentrated but the percentage of obligors in higher credit quality grades—2 through 5—increased ...
Investors and analysts see pockets of value in asset-backed securities, as elevated fiscal policy uncertainty and wariness ...
Just 2.15% of the loans in the pool financed properties in Los Angeles County, and the surrounding areas that have been ...
Sunsetting the federal oversight of Fannie Mae and Freddie Mac could ease the cost of renewing President Trump's 2017 tax act ...
Outstanding loans eligible for repossession in December 2022 saw a 22.5% increase from December 2019, but redemptions were higher than pre-pandemic levels.
Despite Exeter's experience, it has low durability as a servicer. This puts its default probability in the unknown.
The robust asset-backed securities (ABS) market in 2024 should continue this year, fueled by falling–or at least stable–interest-rates, and the second Trump Administration's pursuit of deregulation, ...