Just 2.15% of the loans in the pool financed properties in Los Angeles County, and the surrounding areas that have been impacted by the recent wildfires.
Investors and analysts see pockets of value in asset-backed securities, as elevated fiscal policy uncertainty and wariness about the economic environment rise.
Outstanding loans eligible for repossession in December 2022 saw a 22.5% increase from December 2019, but redemptions were higher than pre-pandemic levels.
Obligors are slightly more concentrated but the percentage of obligors in higher credit quality grades—2 through 5—increased ...
The portfolio is composed of 743 first-lien, fixed- and adjustable-rate, fully amortizing mortgages to borrowers with prime ...
Despite Exeter's experience, it has low durability as a servicer. This puts its default probability in the unknown.
Leftover goals from the first administration of president-elect Donald J. Trump 1.0 could shake MBS and other ABS sectors.
The prime pool can be upsized to $1.7 billion, and the base pool amount has a lower securitization discount rate of 9.60%, ...
Crestline Investors, a Fort Worth, Texas-based alternative investment manager, recently sold a $1 billion, collateralized ...
ODART 2025-1 will be the first transaction from the program that will include loans originated through OneMain Foursight, the ...
Proceeds from principal can be used to make up for shortfalls to the notes, but those shortfalls on the class A2 and ...
The $4 trillion-asset bank posted its highest-ever annual profit but also said its CEO succession plan is still in the works.