Classes A through E, do not allow for payment-in-kind, which allows borrowers to use assets other than cash—such as equity or ...
The senior certificates get credit protection from a specified lockout period, when the subordinate classes will receive no ...
Structurally, the GSAR 2025-1 transaction has 22.5% in subordination for the class A notes, down from 22.8% seen on the GSAR ...
Consumer Financial Protection Bureau's decision removes about $49 billion in medical bills from consideration for about 15 ...
Alternative income documentation underwriting accounted for 61.9% of the collateral, compared with 55.2% of the underlying ...
There is plenty of uncertainty heading into 2025, and that's actually good for the U.S. collateralized loan obligation (CLO) ...
The transaction will fund a new storm recovery reserve of $150 million, approximately $45 million of which will help recover ...
The auto ABS deal can be upsized to $1.5 billion, and most of the notes benefit from credit enhancement equaling 6.10% on most of the notes.
Morgan Stanley Residential Mortgage Loan Trust is preparing to sell $279.2 million in residential mortgage-backed securities ...
Investor demand for CLOs overall last year suggests more middle-market CLOs in Europe will follow in 2025.
Up to 68% of the portfolio assets were restructured. The securitization has a grace period with term extension that allows ...
The Hudson Yards 2025-SPRL Mortgage Trust is preparing to market a five-year $2.5 billion refinance for the Spiral, the trophy office building in Hudson Yards, the New York City neighborhood between ...