ODART 2025-1 will be the first transaction from the program that will include loans originated through OneMain Foursight, the ...
KBRA notes that commercial obligors with an investment grade rating make up 76% of MassMutual's customer base. Within that group, payments from the U.S. government account for 14.4%, the largest ...
The $4 trillion-asset bank posted its highest-ever annual profit but also said its CEO succession plan is still in the works.
Island is a first-time issuer and largely originates and services the loans through its network of 48 branches.
Notes will be repaid through a sequential pay structure that will require principal to be repaid in full to the class A1 ...
Crestline Investors, a Fort Worth, Texas-based alternative investment manager, recently sold a $1 billion, collateralized ...
The prime pool can be upsized to $1.7 billion, and the base pool amount has a lower securitization discount rate of 9.60%, ...
The inaugural deal is expected to close by the end of the month. Among its structural features are cash trap and cash sweep provisions.
Classes A through E, do not allow for payment-in-kind, which allows borrowers to use assets other than cash—such as equity or ...
The current deal adds a class E tranche, which provides subordination to the pool, unlike previous Oportun transactions ...
Structurally, the GSAR 2025-1 transaction has 22.5% in subordination for the class A notes, down from 22.8% seen on the GSAR ...
Alternative income documentation underwriting accounted for 61.9% of the collateral, compared with 55.2% of the underlying ...