If the senior leverage ratio is between 4.00x and 4.50x, then the transaction will pay down all outstanding class A2 note principal with 40% of all excess cash flows.
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In a speech Tuesday, Federal Reserve Gov. Michael Barr said it was possible that artificial intelligence will boost productivity in an undisruptive way. But he said policymakers should also be wary of a financial crash if those gains are not realized or a rapid adoption that could lead to labor displacement.
7h ago
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Justine Leigh-Bell will lead AFII's strategic direction and collaborate with asset owners and managers to integrate climate and nature factors into fixed-income portfolio construction.
10h ago
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Large and mega investors accounted for 5.8% of all single family-home purchases in December, up from 4.8% at the same time last year, according to Cotality.
10h ago
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The deal is the cell tower sector's largest-ever securitization and features its first single-B rated tranche.
February 13
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Fannie Mae and Freddie Mac will add loan-level buydown data to MBS this spring, giving investors clearer insight into prepayment risk tied to temporary rate incentives.
February 13
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In a speech Tuesday, Federal Reserve Gov. Michael Barr said it was possible that artificial intelligence will boost productivity in an undisruptive way. But he said policymakers should also be wary of a financial crash if those gains are not realized or a rapid adoption that could lead to labor displacement.
7h ago -
Large and mega investors accounted for 5.8% of all single family-home purchases in December, up from 4.8% at the same time last year, according to Cotality.
10h ago -
A much shorter liquidity horizon could draw back the biggest banks, increasing liquidity and tightening spreads.
February 12
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He will advise clients on securitization, structured finance, secured lending and receivables transactions, on his second time with the company.
February 12
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A House subcommittee hearing discussing the future of the government-sponsored enterprises, noted both are still severely undercapitalized.
February 12
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SEMT 2026-2, will repay investors through a senior-subordinate structure, with a shifting-interest structure.
February 11
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Adjustments related to higher credit risk weights for new acquisitions and rate shifts offset increases in the government-sponsored enterprise's core earnings.
February 11
