The obligors' non-investment grade credit quality could present challenges to the timely repayment of notes. Yet PREF focused ...
Just 2.15% of the loans in the pool financed properties in Los Angeles County, and the surrounding areas that have been ...
Investors and analysts see pockets of value in asset-backed securities, as elevated fiscal policy uncertainty and wariness ...
Outstanding loans eligible for repossession in December 2022 saw a 22.5% increase from December 2019, but redemptions were higher than pre-pandemic levels.
The portfolio is composed of 743 first-lien, fixed- and adjustable-rate, fully amortizing mortgages to borrowers with prime ...
Obligors are slightly more concentrated but the percentage of obligors in higher credit quality grades—2 through 5—increased ...
Despite Exeter's experience, it has low durability as a servicer. This puts its default probability in the unknown.
Proceeds from principal can be used to make up for shortfalls to the notes, but those shortfalls on the class A2 and ...
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, ...
The Consumer Financial Protection Bureau moved one step closer to resolving its case against the National Collegiate Student Loan Trusts, which it said improperly filed debt collection lawsuits ...
OneMain Finance is preparing to sell $500 million in asset-backed securities (ABS), from a pool of direct auto loans, and coming to market through the OneMain Auto ...
Loans and leases on large-ticket equipment will secure $868 million in asset-backed securities expected from MassMutual Asset Finance, selling notes through the Barings Equipment Finance, 2025-A. The ...