Fitch also noted that the loan pool consists primarily of 30- to 40-year fully amortizing loans, accounting for 88.5% of the ...
The contracts and installment loans were extended to prime and non-prime borrowers, most of which (81.49%) are financing new ...
A reserve account is initially 0% at closing. The target will shift between 1%, 2% and 3%, depending on whether the ...
She and Houston-based Jonathan Ayre recently discussed trends and developments in esoteric ABS with Asset Securitization Report. Ayre focuses on the energy markets and has helped pioneer several first ...
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 ...
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.