Unlike previous FIGRE deals where overcollateralization provided credit support to the notes, FIGRE Trust 2025-HE1 has a class G composed of principal-only notes that provide the credit support.
Debt service coverage ratio triggers, including cash trapping and rapid amortization, will provide much of the credit ...
Chimera Investment is bringing $287.6 million in mortgage-backed securities (MBS), secured by non-conforming loans extended to nonprime borrowers through debt service coverage ratio (DSCR) ...
WASHINGTON — Bank groups in all 50 states, plus Puerto Rico, asked Treasury Secretary Scott Bessent to choose Federal Reserve Gov. Michelle Bowman as the central bank's vice chair for supervision in a ...
The multifamily property securities market is expected to stay resilient, despite weaknesses in certain markets due to ...
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.