The deal's structure includes debt service coverage ratio (DSCR) triggers that will deposit excess cash is deposited in the cash trap reserve and loan-to-value tests.
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The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.
August 14 -
The Consumer Financial Protection Bureau said it will stop publishing consumer complaint narratives, citing concern that the information is one-sided.
August 14 -
Used vehicles collateralize 53.01% of the underlying loans, and loans in OCCU 2026-1 have a balance of $34,185, with an annual percentage rate (APR) of 7.54%.
August 13 -
For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
August 13 -
Jones will lead the firm's asset-backed securities (ABS) and collateralized loan obligation (CLO) capital markets efforts, while Rheault will be head of the business' syndicate business.
August 13
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It's not just about AI and the bank is not walking away from its green goals, Karen Fang, the initiative's leader, told American Banker.
August 13 -
Suna is the second structured finance partner to join Hogan Lovells Cadwalader in the last month.
August 12 -
Collateral quality is still generally in line with previous CRVNA series, however, and very recent Carvana pools have shown improvement in net credit losses from previous downturns.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
August 12 -
The consumer price index ticked up last month, bolstering arguments about broad-based inflation and raising the odds of a rate hike next month.
August 12 -
The deal will raise about $175 million in securitized bonds, backed by a pool of residential investors loans (42.1%) and traditional small-balance commercial (SBC) mortgages.
August 11 -
Aqua Finance's credit enhancements include a sequential pay structure until the class A credit enhancement period is over.
August 11
















