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 ...
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 ...
A reserve account is initially 0% at closing. The target will shift between 1%, 2% and 3%, depending on whether the ...
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 ...