ODART 2025-1 will be the first transaction from the program that will include loans originated through OneMain Foursight, the ...
The $4 trillion-asset bank posted its highest-ever annual profit but also said its CEO succession plan is still in the works.
Island is a first-time issuer and largely originates and services the loans through its network of 48 branches.
Notes will be repaid through a sequential pay structure that will require principal to be repaid in full to the class A1 ...
Crestline Investors, a Fort Worth, Texas-based alternative investment manager, recently sold a $1 billion, collateralized ...
The prime pool can be upsized to $1.7 billion, and the base pool amount has a lower securitization discount rate of 9.60%, ...
The inaugural deal is expected to close by the end of the month. Among its structural features are cash trap and cash sweep provisions.
Classes A through E, do not allow for payment-in-kind, which allows borrowers to use assets other than cash—such as equity or ...
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%.
The current deal adds a class E tranche, which provides subordination to the pool, unlike previous Oportun transactions ...
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.