Letters of credit sized to cover interest payments for six months, plus a cushion, help provide credit support to the notes.

The deal benefits from three accounts–a Funding, Expense Reserve and Interest Reserve. The Funding Account will fund draws ...

Underlying variable-rate loans were underwritten to the Chicago Mercantile Exchange (CME) Term SOFR or the average SOFR. Also, SMB 2026-A will not hedge the rated notes or the student loans in the ...

As the Trump administration limits access to only U.S. citizens, volume in the Small Business Administration's flagship loan ...

The latest Fidium issuance has an implied 170% haircut, and the debt multiple, relative to its net cash flow on the rated classes, is 10.2x.

Alternative investment manager Castlelake recently announced that its aviation leasing and lending arm has fully repaid a ...

Many credit drivers are stable; agencies are being vigilant about several macroeconomic factors that might destabilize borrowers' ability to keep servicing their auto loan debt. One is student loan ...

MBS buying has become the near-term focus but a 2026 offering is still possible, Federal Housing Finance Agency official Bill ...

First liens and junior liens account for 197 and 1,755 of the pool, respectively, DBRS said. They have unpaid balances of $30.5 million and $217 million, with FICO scores of 747 and 740 on a WA basis.

S.D., moved to consider the housing package next week, but it's not clear what version of the bill senators will be voting on ...

The Loan Store originated the largest portion of mortgages in the pool, 10.3%, according to Fitch, while an array of other lenders accounted for the rest.

After a long price correction in the art market, Bank of America is expanding its advisory services for collectors — and it's ...