The prime pool can be upsized to $1.7 billion, and the base pool amount has a lower securitization discount rate of 9.60%, ...
A vast majority of the collateral pool balance, 82.6%, are mortgages used to purchase primary residences, and just 17.4% ...
The current deal adds a class E tranche, which provides subordination to the pool, unlike previous Oportun transactions ...
Structurally, the GSAR 2025-1 transaction has 22.5% in subordination for the class A notes, down from 22.8% seen on the GSAR ...
Classes A through E, do not allow for payment-in-kind, which allows borrowers to use assets other than cash—such as equity or ...
Alternative income documentation underwriting accounted for 61.9% of the collateral, compared with 55.2% of the underlying ...
Consumer Financial Protection Bureau's decision removes about $49 billion in medical bills from consideration for about 15 ...
The auto ABS deal can be upsized to $1.5 billion, and most of the notes benefit from credit enhancement equaling 6.10% on ...
The senior certificates get credit protection from a specified lockout period, when the subordinate classes will receive no ...
Fitch Rating says it noticed a greater preference for consumers to use cellphones for a longer period and previously decreased the assumptions for upgrade losses to 0.25%, from 0.35%.
There is plenty of uncertainty heading into 2025, and that's actually good for the U.S. collateralized loan obligation (CLO) ...
The transaction will fund a new storm recovery reserve of $150 million, approximately $45 million of which will help recover ...