Any risk of mis-matching of fixed and floating rates among the assets and transaction notes is minimal. Between 80%-90% of the notes pay a fixed rate, while 78% of the loans are fixed rate.
Aside from the pool primarily made up of second and junior liens in the pool, 82.2% of the loans were underwritten with ...
A vast majority of the deal, 87.17% of the collateral, as a percentage of the assets' principal balance, has a 60-month ...
Republic First Bank allegedly discriminated against minority borrowers before it went under in April. New Jersey officials ...
All the assets benefit from Federal Housing Administration insurance a sequential payment structure and the subordination of ...
Blue Own Asset Leasing's notes benefit from a reserve account representing 1% of the pool balance, overcollateralization, and ...
Local Law 79 affects roughly 15,000 commercial real estate buildings in New York City, a market ripe for securitization.
GoodLeap Home Improvement Solutions Trust is coming to the capital markets to raise $378 million in asset-backed securities, ...
Verus Securitization Trust is preparing to sell $338.2 million in mortgage-backed securities, backed by a range of first-lien ...
The deal will repay investors on a hyrid pro rata, sequential basis. Credit enhancement ranges from 51.7% on the class A1A ...
This is the first RTL transaction for Roc360 Real Estate Income Trust, the deal's sponsor, in three years. Also, it is Roc360 ...
PAID 2024-PT1 follows a repayment sequence where funds are released to certificate holders after the control class has been ...