Fitch Ratings said Tesla Finance enters the residential solar finance ABS arena with underlying loans that have the highest ...
Total initial hard credit enhancement decreased compared with GCAR 2024-3, subordination for class A notes was unchanged at 48.2%.
All AHART 2024-1's assets are backed by a pool of prime-quality auto loans and retail installment sales contracts, which the ...
Fitch also noted that the loan pool consists primarily of 30- to 40-year fully amortizing loans, accounting for 88.5% of the ...
The contracts and installment loans were extended to prime and non-prime borrowers, most of which (81.49%) are financing new ...
She and Houston-based Jonathan Ayre recently discussed trends and developments in esoteric ABS with Asset Securitization Report. Ayre focuses on the energy markets and has helped pioneer several first ...
A reserve account is initially 0% at closing. The target will shift between 1%, 2% and 3%, depending on whether the ...
Any risk of mis-matching of fixed and floating rates among the assets and transaction notes is minimal. Between 80%-90% of the notes pay a fixed rate, while 78% of the loans are fixed rate.