Like other recent pools of securitized mortgages located in the Los Angeles County area, any loans that exhibited material damage from the fires were removed from the pool before closing.
Sunrun, which installs and services residential solar equipment, and originates the financing for them, is preparing to bring $695 million in asset-backed securities to the market, secured by revenue ...
The obligors' non-investment grade credit quality could present challenges to the timely repayment of notes. Yet PREF focused on high-revenue obligors backed by private equity sponsors.