The GMALT 2025-1 securitization has just 24.4% of contracts with original leases longer than 36 months. It's the lowest level ...
RMBS portfolios have limited exposure to loans in ZIP codes that were included in LA County's mandatory evacuation zones, according to Fitch Ratings. Non-prime loans, which have the highest exposure, ...
Residential customers made up 70.1% of NYSEG's sales revenue, while commercial and industrial customers account for the other ...
Tenants also have a high average credit quality, with 75.9% of them having at least an investment grade rating, and lease assets underlying the class A notes have a loan-to-value (LTV) ratio limited ...
Debt service coverage ratio triggers, including cash trapping and rapid amortization, will provide much of the credit ...
The deal has a step-up coupon feature that calls for the fixed rates on classes A1, A2 and A3 to increase by 100 basis points ...
Collateralized loan obligation activity should increase despite higher-for-longer rates and liability management exercises.
Unlike previous FIGRE deals where overcollateralization provided credit support to the notes, FIGRE Trust 2025-HE1 has a class G composed of principal-only notes that provide the credit support.
The multifamily property securities market is expected to stay resilient, despite weaknesses in certain markets due to cooling rent growth, higher vacancy, or oversupply.
State banking associations across the country said that Michelle Bowman should be the Federal Reserve vice chair for supervision, not least because she already sits on the Fed board and could start ...
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.