| Rev Cred/Home Eq | 49% | |
| Non-Jumbo Mtg Ln | 14% | |
| Auto Loans/Recs | 10% | |
| Credit Card Rec | 8% | |
| Student Loans | 7% | |
| Other | 13% | |
More From Asset Securitization Report
Equipment contracts secure Barings’ latest ABS, raising $1 billion
The 2026-B notes have a total initial hard credit enhancement of 10.00%, compared with 9.60% from the previous deal, the 2026-A.
Pagaya’s latest ABS raises $414.4 million from unsecured consumer loans
If PAID 2026-REV1 doesn't breach any triggers, then the deal might pay an annual step-up premium representing 1.00% of each class's outstanding amount.
Refi student loans for doctors, lawyers underpin Navient’s latest ABS
Navient will follow a sequential repayment structure, and no subordinate classes will receive any principal until the most senior outstanding class is paid in full.
Navient Refinance to raise $543 million in student loan ABS
Credit enhancement could increase for the most senior outstanding classes of notes, however, as the notes repay investors sequentially over time.
North Carolina student loan provider raises $69.2 million in ABS
Credit support to the bonds range from 28.48% to 32.30%. They provide coverage of about 3.0x-3.4x of its base-case net loss in the 'A' stressed, break-even cash flow scenarios.
