The underlying assets have an original weighted average CLTV ratio of 70.4%. Assets with original CLTV ratios exceeding 80% represent 26.1% of the pool's balance.
Lathrop was named interim CEO of the warehouse finance and securitized products business in August, and comes from a long history with Citigroup, including co-head of its global securitized markets.
Fitch Ratings said Tesla Finance enters the residential solar finance ABS arena with underlying loans that have the highest ...
Maxex has added a new leadership position that an executive with experience extending from pre-crisis mortgage trading on ...
Total initial hard credit enhancement decreased compared with GCAR 2024-3, subordination for class A notes was unchanged at 48.2%.
All AHART 2024-1's assets are backed by a pool of prime-quality auto loans and retail installment sales contracts, which the ...
Fitch also noted that the loan pool consists primarily of 30- to 40-year fully amortizing loans, accounting for 88.5% of the ...
Octane Lending, which provides consumer financing for powersports and outdoor power equipment through dealerships, is preparing to sponsor $326.4 million in asset-backed securities. Six tranches of ...
Esoteric asset-backed securities (ABS) are not for the fainthearted. They require significant due diligence to build comfort with the underlying assets' future revenue streams and investor protections ...
Mission Lane Credit Card Master Trust has returned to the capital markets to raise $300 million in asset-backed securities, supported by a pool of revenue from its general-purpose Visa credit card ...