Figg will advise financial institutions, issuers, arrangers and underwriters on asset-backed securities (ABS) deals, ...

A reserve account starts off at 0.0%, but its funding level varies in line with three-month average excess spreads, if it ...

The capital structure supporting ALLO Issuer, series 2025-1, calls for senior fees and class A1L principal and interest to be ...

Second-lien loans make up virtually the entire pool, which carries some risk of poor recovery rates. Yet 78% of the pool is ...

Unlike estimated excess spread, which increased to 13.2%, from 12.8% on the EART 2024-4 transaction, several other forms of credit enhancement levels dropped.

Loans on used cars, extended to borrowers with prime credit characteristics, make up the reference pool of assets.

Borrowers are considered prime in this pool, but Fitch Ratings notes that delinquency rates have been increasing since 2022.

Aside from that, three collateral performance trigger events—delinquency, default and extension rate—that can force an early ...

Almost the entire pool of mortgages will fund primary residences and were underwritten using full documentation.

Total hard credit enhancement will represent 4.5% of the note balance, and initial reserves amounting to 2.0% of the pool.

The pool is diversified, with its top obligor accounting for 3.2% of the pool balance, and the top 10 obligors account for 14 ...

The pass-through certificates are supported by a full pool of amortizing loans, which have no interest-only periods.