More From Asset Securitization Report
Unsecured consumer loans from Affirm will back $750 million in notes
The series AFRMT 2026-4 and AFRMT 2026-5 have virtually identical capital structures, but have legal final maturity dates of Sept. 17, 2035, and Sept. 15, 2037, respectively.
Loan Trust launches new RMBS backed by prime fixed-rate mortgages
The deal is backed by recently originated, 30-year fixed-rate mortgages with an average combined loan-to-value ratio of 75.1%, according to Morningstar DBRS.
Oregon Community Credit Union will issue $307.3 million on auto loans
Used vehicles collateralize 53.01% of the underlying loans, and loans in OCCU 2026-1 have a balance of $34,185, with an annual percentage rate (APR) of 7.54%.
Arivo in capital raise with subprime auto loan pool
The rule 144A deal's structure includes a cash collateral account represents 1.00% of the note balance across all tranches.
Pagaya’s auto loans secure $574.7 million in ABS
The current transaction issues an additional series of notes, which will be paid to noteholders after it reaches the overcollateralization targets for the other notes.