The notes benefit from credit enhancement levels of 30.45%, 24.3%, 13.8%, 8.65%, 5.00% and 2.05% on the A1, A2, A3, M1, B1, B2 and B3 tranches, respectively.
The current COPAR transaction has a FICO score of 782, an increase from 780 from the COPAR 2023-2, and loans with an original term greater than 72 months, as a percentage of the pool balance was 19.24 ...
Regional Management has long been a regular ABS issuer, except for 2023 when it did not approach the market. In 2022 it issued $450 million in asset-backed securities (ABS) split between two offerings ...
International locations account for 13.3% of restaurants in the whole business securitization, a slight increase from 11.4%.
The underlying assets have an original weighted average CLTV ratio of 70.4%. Assets with original CLTV ratios exceeding 80% represent 26.1% of the pool's balance.
Lathrop was named interim CEO of the warehouse finance and securitized products business in August, and comes from a long history with Citigroup, including co-head of its global securitized markets.
Fitch Ratings said Tesla Finance enters the residential solar finance ABS arena with underlying loans that have the highest ...