Goldman Sachs
Goldman Sachs
The Goldman Sachs Group Inc is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (45%), asset management (20%), and consumer and wealth management (15%) segments. Approximately 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
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The deal has an extensive capital structure, which is expected to repay investors sequentially, with notes enhanced by subordination.
April 15 -
The impact of tariff policy on the mortgage-backed securities market is likely to surface first in the cost of new housing construction.
April 3 -
The deal is composed of 11,547 seasoned performing and reperforming loans that are first and second lien. Loan servicing includes a 180-day chargeoff feature.
April 1 -
Excess cash flow will pay timely interest and protect against realized losses in the rated certificates before being paid out to the class X notes.
March 4 -
The deal has a step-up coupon feature that calls for the fixed rates on classes A1, A2 and A3 to increase by 100 basis points, subject to the net weighted average coupon (WAC) after four years.
January 31 -
A vast majority of the collateral pool balance, 82.6%, are mortgages used to purchase primary residences, and just 17.4% finance second homes.
December 31 -
Wall Street banks are expected to capitalize on ultra-low credit spreads and strong demand from investors after they report quarterly results.
October 10 -
Banks and Congressmen alike see U.S. regulators' version of Basel III as overly stringent for the securitization market.
January 24 -
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The coupons on the class A notes steps up after four years by 100 basis points, but the coupons are subject to a net weighted average coupon (WAC) cap.
January 12
