Classes A through E, do not allow for payment-in-kind, which allows borrowers to use assets other than cash—such as equity or ...
In both scenarios of the 2025-1 series, the capital structure will issue notes through about eight tranches, including an overcollateralization piece representing 5.15% of the pool balance.
Structurally, the GSAR 2025-1 transaction has 22.5% in subordination for the class A notes, down from 22.8% seen on the GSAR ...
The senior certificates get credit protection from a specified lockout period, when the subordinate classes will receive no ...
Consumer Financial Protection Bureau's decision removes about $49 billion in medical bills from consideration for about 15 ...
Alternative income documentation underwriting accounted for 61.9% of the collateral, compared with 55.2% of the underlying ...
There is plenty of uncertainty heading into 2025, and that's actually good for the U.S. collateralized loan obligation (CLO) ...
The auto ABS deal can be upsized to $1.5 billion, and most of the notes benefit from credit enhancement equaling 6.10% on most of the notes.
The transaction will fund a new storm recovery reserve of $150 million, approximately $45 million of which will help recover ...
Morgan Stanley Residential Mortgage Loan Trust is preparing to sell $279.2 million in residential mortgage-backed securities ...
Up to 68% of the portfolio assets were restructured. The securitization has a grace period with term extension that allows ...
Investor demand for CLOs overall last year suggests more middle-market CLOs in Europe will follow in 2025.