A cumulative net loss trigger and a material modified loan ratio trigger will direct all available funds to the note principal payment if they are breached.

All the notes benefit from credit enhancement equaling 4.75% of the note balance, an initial reserve account representing 0.50% of the pool balance.

ExteNet is preparing to sell $117.5 million in securitized bonds, secured by a pool of revenue from wireless network and data ...

DBRS noted that about 90.5% of the 4,011 loans receive payment through Automated Clearing House, which boosts payment capture ...

The deal is secured by a portfolio dominated by mortgage loans considered non-qualified or exempt from ability to repay rules ...

Toyota Motor Credit is preparing to sell $1 billion in asset-backed securities (ABS), secured by prime retail installment ...

Investment and research pro Jason Brooks has joined Forum Investment Group in a newly created role, where he will lead the ...

The vehicles comprise the overcollateralization (OC), because of a highly liquid secondary market for them. That OC rate will ...

Willis Engine Structured Trust, VIII, sells its fixed-rate notes through two tranches, all with a legal final maturity date ...

Credit support to the bonds range from 28.48% to 32.30%. They provide coverage of about 3.0x-3.4x of its base-case net loss ...

The transaction's pool of 365 fixed-rate mortgages, all first lien, breaks down to mostly non-agency loans (61.4%). The rest, ...

All the senior notes—including A1, rated P1 and A2 through A4, rated Aaa—benefit from total initial hard credit enhancement ...