HE1 will repay notes using a pro-rata, sequential pay structure that must satisfy an overcollateralization test, and ...

Borrowers' high incomes and the abundance of monthly free cash flow speed up repayments and mitigate the transaction's ...

Almost all the collateral was extended to borrowers attending four-year schools, and the same percentage was made to ...

Sabey 2025-2 will feature a $24.8 million liquidity reserve among other credit enhancement mechanisms, including cash trap ...

The non-prime pool benefits from a non-declining reserve fund of 1.0% of the initial pool balance, and subordination of 32.9% ...

The Trump administration wants the Small Business Administration to shrink its workforce by 43%. At the same time, the agency ...

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

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

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

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

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

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