The notes will get credit enhancement from balances on the subordinate bonds, which are permitted to amortize.

Originators applied bank statement, full documentation and profit and loss documentation in their underwriting.

The property is competitive, with overall sales of about $570 million in 2021, but the deal is short on upfront reserves to ...

When the deal closes, NALP Asset Backed Securities will deposit $32.1 million in the prefunding account to purchase ...

Credit Acceptance is preparing to sponsor sells $500.18 million in securitized bonds from the Credit Acceptance Auto Loan ...

So-called wet loans can be included in the transaction, and the servicer will have limited opportunity to deal with them ...

Moderate leverage is one example of cleaner credit, as the current collateral pool's original loan-to-value (LTV) ratio is 69.1%, down from 71.7% on the 2024-NQM1 series.

(Bloomberg) -- Billed on Wall Street as so rock-solid safe they're risk-free, US Treasury bonds have long served as first port of call for investors during times of panic. They rallied during the ...