Collateralized loan obligation activity should increase despite higher-for-longer rates and liability management exercises.
The deal includes a minimum assets test, requiring the issuers to own at least 10 assets at the end of the nine-month delivery period, or seven assets after the delivery period.
Like other recent pools of securitized mortgages located in the Los Angeles County area, any loans that exhibited material damage from the fires were removed from the pool before closing.
The A2B notes in TAOT 2025-A will make up 75% of total class A2 notes, a much higher percentage of floating-rate A2B notes ...
Deal production has been a bright spot, but delinquencies could soon reach record highs, especially for office CMBS.
In a few notable changes from the 2024-1 deal, 0.73% of the current pool is composed of closed-end leases, an increase from 0 ...
Agency underwritten loans accounted for 97.1% of the CMLTI 2025-1 pool, up drastically from 10.6% on the CMLTI 2024-1 series.
The class A1 notes have the lowest cumulative advance rate, which combines the interest and mortgage insurance rates to show ...
Experts say the Trump administration is waiting for Scott Bessent to be confirmed as treasury secretary and for other ...
Initial hard credit enhancement, based on a Pv6 securitization share of ADSAB is 27.8%, higher than the 18.7% on the Sunrun ...
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 ...