| Rev Cred/Home Eq | 38% | |
| Credit Card Rec | 15% | |
| Non-Jumbo Mtg Ln | 12% | |
| Auto Loans/Recs | 12% | |
| Student Loans | 6% | |
| OTHER | 17% | |
More From Asset Securitization Report
Pagaya in smaller ABS raise, with $591 million
After the turbo period—months 12 through 39—classes A2, A2, B, C, D, E and F1 will receive enough principal payments to reach their respective target note balances and stay there.
Carvana prepares to issue $1 billion in auto ABS
Coupons range from 4.17% on the A1 notes, rated P1/A1+ by Moody's and Fitch Ratings, respectively, to 5.38% on the class N notes, which S&P rates BB.
Card delinquencies fell in Q1, while interest rates rose
Historically high interest rates and falling late-payment rates suggest that credit card issuers are tightening their underwriting standards amid economic uncertainty.
No Fed rate cut until September at earliest, economists say
None of the economists surveyed by Wolters Kluwer predict the Fed will cut rates at this week's meeting, few expect one in July and 41% said after September.
Brean ABS, 2025-RM11, raises $206.5 million from reverse mortgages
On a cumulative basis, advance rates on the notes range from 95.4% on the A1 notes to 121.8% on the class M5 notes.