A pool of auto loans extended to subprime borrowers will secure $239.7 million in securitized bonds, in a deal sponsored by First Help Financial.
The deal is structured as a public securitization, under Rule 144A, and is supported by lending indirectly through more than 1,100 partnerships across the country.
The pass-through certificates are supported by a full pool of amortizing loans, which have no interest-only periods.
The United Auto 2025-1 series of notes has a more mixed subordination element compared with the previous deal.
Real estate tax liens from properties in 11 states are providing the revenue backing $51.8 million in asset-backed securities (ABS), as PVOne Capital prepares to sell the bonds through the PVOne ...
A set of performance-related triggers—cash trapping and expense reserve—will help maintain cash flow to the notes.
The giant asset manager is launching new CLO funds that generate higher returns without significantly increasing risk–by ...
Full documentation accounts for a little over a third of the pool, but otherwise FICO scores are high, as are weighted ...
From the Q3 2021 to the early 2024 vintages, cumulative gross loss (CGL) levels had been trending up, likely due to consumer ...
GM Financial Revolving Receivables Trust, 2025-1 has a five-year-long revolving period, risking exposure to assets with ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results