Donna M. Mitchell is a financial journalist based in the New York metro area with expertise covering structured finance, commercial real estate, and wealth management. Her work has appeared in Forbes, Next Avenue, Financial Planning and National Real Estate Investor.
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Notes are expected to pay a coupon of 4.5% on the A1 through M2 tranches, compared with a 5.25% coupon on the previous deal.
August 8 -
Throughout Kolyer's career he innovated securitization structures with commercial real estate and residential mortgages, commercial and consumer receivables.
August 8 -
A credit analyst manually reviews the pool's underwriting decisions, instead of just leaving it all to automated underwriting methods.
August 7 -
The industry's biggest opportunities involve the evolving cost of capital, which will shift funding sources from the private, local lending markets to institutional sources.
June 13 -
The deal is secured by a portfolio dominated by mortgage loans considered non-qualified or exempt from ability to repay rules.
June 10 -
Most of the contracts in Point Securitization Trust, 1,750 (81.64%), are second-lien as of the cut-off date.
May 29 -
The funding round will help Button Finance, which leverages AI to underwrite home equity financing, expand its range of products to more borrowers.
May 20 -
A range of investment residential properties, including single-family homes, condominiums and multi-unit properties, will secure the debt.
May 14 -
Cross 2025-H3 has moderate leverage, according to KBRA, with a weighted average (WA) loan-to-value ratio of 72.3%, and a debt-to-income ratio of 33.5%.
April 14 -
The notes will get credit enhancement from balances on the subordinate bonds, which are permitted to amortize.
April 11