The current pool has smaller exposures to the construction and turf sectors compared to the 2024-2 series, which have seen ...

Loan modifications and expenses have reduced available interest and net weighted average coupon (WAC) rates in the deal.

Investor properties or second homes account for 38.1% of the pool. Also, 27.9% of the loans are a debt service coverage ratio ...

While SoFi uses a third-party servicer for both of those product types, it services its entire consumer loan portfolio.

Unlike most aircraft securitizations, Gilead 2025-1 uses a mortgage amortization style, de-levering at a lower rate compared to a more typical straight-line payment style.

To keep note repayment on track, credit enhancement comes from subordination, and senior notes benefit from a principal ...

Any loan that is more than 120 days delinquent becomes a stop-advance loan, a designation that prevents interest leakage to bondholders.

As an investment, cat bonds have drawn attention in recent years after far exceeding returns on other high-risk fixed-income markets.

Market participants aren't declaring victory yet, though, because the record volume of liability management exercises (LMEs) enabling those transactions is likely to continue, and borrowers may ...