A reserve account is initially 0% at closing. The target will shift between 1%, 2% and 3%, depending on whether the three-month average excess spread falls below certain thresholds.

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.

Republic First Bank allegedly discriminated against minority borrowers before it went under in April. New Jersey officials ...

Aside from the pool primarily made up of second and junior liens in the pool, 82.2% of the loans were underwritten with ...

All the assets benefit from Federal Housing Administration insurance a sequential payment structure and the subordination of ...

GoodLeap Home Improvement Solutions Trust is coming to the capital markets to raise $378 million in asset-backed securities, ...

A vast majority of the deal, 87.17% of the collateral, as a percentage of the assets' principal balance, has a 60-month ...

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.

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 ...