The current deal adds a class E tranche, which provides subordination to the pool, unlike previous Oportun transactions ...

Fitch Rating says it noticed a greater preference for consumers to use cellphones for a longer period and previously decreased the assumptions for upgrade losses to 0.25%, from 0.35%.

Classes A through E, do not allow for payment-in-kind, which allows borrowers to use assets other than cash—such as equity or ...

In both scenarios of the 2025-1 series, the capital structure will issue notes through about eight tranches, including an overcollateralization piece representing 5.15% of the pool balance.

Structurally, the GSAR 2025-1 transaction has 22.5% in subordination for the class A notes, down from 22.8% seen on the GSAR ...

The senior certificates get credit protection from a specified lockout period, when the subordinate classes will receive no ...

Consumer Financial Protection Bureau's decision removes about $49 billion in medical bills from consideration for about 15 ...

Alternative income documentation underwriting accounted for 61.9% of the collateral, compared with 55.2% of the underlying ...

The auto ABS deal can be upsized to $1.5 billion, and most of the notes benefit from credit enhancement equaling 6.10% on most of the notes.

The Hudson Yards 2025-SPRL Mortgage Trust is preparing to market a five-year $2.5 billion refinance for the Spiral, the trophy office building in Hudson Yards, the New York City neighborhood between ...

Medvida Partners de Seguros y Reaseguros, S.A. (Sociedad Unipersonal) is selling Jeronimo Funding DAC (Jeronimo), a static residential mortgage securitization of predominantly collateralized by ...

There is plenty of uncertainty heading into 2025, and that's actually good for the U.S. collateralized loan obligation (CLO) market, so long as the uncertainty doesn't metastasize into factors that ...