Initial hard credit enhancement, based on a Pv6 securitization share of ADSAB is 27.8%, higher than the 18.7% on the Sunrun ...
The obligors' non-investment grade credit quality could present challenges to the timely repayment of notes. Yet PREF focused ...
Just 2.15% of the loans in the pool financed properties in Los Angeles County, and the surrounding areas that have been ...
Investors and analysts see pockets of value in asset-backed securities, as elevated fiscal policy uncertainty and wariness ...
The portfolio is composed of 743 first-lien, fixed- and adjustable-rate, fully amortizing mortgages to borrowers with prime ...
Obligors are slightly more concentrated but the percentage of obligors in higher credit quality grades—2 through 5—increased ...
Outstanding loans eligible for repossession in December 2022 saw a 22.5% increase from December 2019, but redemptions were higher than pre-pandemic levels.
Despite Exeter's experience, it has low durability as a servicer. This puts its default probability in the unknown.