Called collateral from various series increased to 6.0%, from 4.0%, while weighted average seasoning increased to 3.15 months from 2.82 months.
Collateralized loan obligation activity should increase despite higher-for-longer rates and liability management exercises.
The deal includes a minimum assets test, requiring the issuers to own at least 10 assets at the end of the nine-month delivery period, or seven assets after the delivery period.
Like other recent pools of securitized mortgages located in the Los Angeles County area, any loans that exhibited material damage from the fires were removed from the pool before closing.
The A2B notes in TAOT 2025-A will make up 75% of total class A2 notes, a much higher percentage of floating-rate A2B notes ...
Deal production has been a bright spot, but delinquencies could soon reach record highs, especially for office CMBS.
Agency underwritten loans accounted for 97.1% of the CMLTI 2025-1 pool, up drastically from 10.6% on the CMLTI 2024-1 series.
A pool of closed-end leases extended to commercial customers will secure about $1 billion in securitized notes, which will be issued from the Enterprise Fleet Financing, 2025-1 trust. The deal will ...
The class A1 notes have the lowest cumulative advance rate, which combines the interest and mortgage insurance rates to show ...