The current pool has smaller exposures to the construction and turf sectors compared to the 2024-2 series, which have seen ...
Loan modifications and expenses have reduced available interest and net weighted average coupon (WAC) rates in the deal.
Ruth Lee is the founder & CEO of Big Think LLC ...
Gilead Aviation is about to appear on the securitization market with a $600 million offering of bonds, which will be used to buy a portfolio of 18 narrowbody and widebody aircraft from nine of its ...
Any loan that is more than 120 days delinquent becomes a stop-advance loan, a designation that prevents interest leakage to bondholders.
Investor properties or second homes account for 38.1% of the pool. Also, 27.9% of the loans are a debt service coverage ratio ...
While SoFi uses a third-party servicer for both of those product types, it services its entire consumer loan portfolio.
As an investment, cat bonds have drawn attention in recent years after far exceeding returns on other high-risk fixed-income markets.