The notes will get credit enhancement from balances on the subordinate bonds, which are permitted to amortize.

Investor confidence in US bonds can no longer be taken for granted — not after a years-long borrowing binge, not with a ...

When the deal closes, NALP Asset Backed Securities will deposit $32.1 million in the prefunding account to purchase ...

The property is competitive, with overall sales of about $570 million in 2021, but the deal is short on upfront reserves to ...

Moderate leverage is one example of cleaner credit, as the current collateral pool's original loan-to-value (LTV) ratio is 69.1%, down from 71.7% on the 2024-NQM1 series.

Originators applied bank statement, full documentation and profit and loss documentation in their underwriting.

Credit Acceptance is preparing to sponsor sells $500.18 million in securitized bonds from the Credit Acceptance Auto Loan ...

So-called wet loans can be included in the transaction, and the servicer will have limited opportunity to deal with them ...