The current COPAR transaction has a FICO score of 782, an increase from 780 from the COPAR 2023-2, and loans with an original term greater than 72 months, as a percentage of the pool balance was 19.24 ...
International locations account for 13.3% of restaurants in the whole business securitization, a slight increase from 11.4%.
Fitch Ratings said Tesla Finance enters the residential solar finance ABS arena with underlying loans that have the highest ...
Regional Management has long been a regular ABS issuer, except for 2023 when it did not approach the market. In 2022 it issued $450 million in asset-backed securities (ABS) split between two offerings ...
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.
All AHART 2024-1's assets are backed by a pool of prime-quality auto loans and retail installment sales contracts, which the ...
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 also noted that the loan pool consists primarily of 30- to 40-year fully amortizing loans, accounting for 88.5% of the ...
A reserve account is initially 0% at closing. The target will shift between 1%, 2% and 3%, depending on whether 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 ...
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.