All AHART 2024-1's assets are backed by a pool of prime-quality auto loans and retail installment sales contracts, which the ...
Fitch also noted that the loan pool consists primarily of 30- to 40-year fully amortizing loans, accounting for 88.5% of the ...
A reserve account is initially 0% at closing. The target will shift between 1%, 2% and 3%, depending on whether the ...
The contracts and installment loans were extended to prime and non-prime borrowers, most of which (81.49%) are financing new ...
She and Houston-based Jonathan Ayre recently discussed trends and developments in esoteric ABS with Asset Securitization Report. Ayre focuses on the energy markets and has helped pioneer several first ...
Any risk of mis-matching of fixed and floating rates among the assets and transaction notes is minimal. Between 80%-90% of the notes pay a fixed rate, while 78% of the loans are fixed rate.
Figre Lending is preparing to sponsor another securitization of home equity line of credit (HELOC) assets, selling $220 million in bonds through the FIGRE Trust 2024-SL1. Previous securitizations from ...
After a year, the Upstart Securitization Trust program is preparing to raise $208 million from the securitization markets. Known as UPST 2024-1, the deal will issue notes through three tranches of ...